Money Market

Coronation Fixed Income and Exchange Rate Update

May 17, 2022/Coronation Research Summary Opening market liquidity was reported at N532.5bn on Friday (06 May ‘22). Overnight and repo rates closed within a range of 4.5-6.5%. The average NTB yield increased by 4bps w/w to close at 3.7%. Meanwhile, the average yield for OMO bills decreased by -12bps w/w […]

UBA Upgrades Chatbot features, as Leo launches service on Google Business Chat, Instagram

May 17, 2022/UBA Plc Africa’s Global Bank, United Bank for Africa (UBA) Plc has announced the expansion of the services of Leo, its Artificial Intelligence chatbot to Google Business Chat and Instagram. Leo – UBA’s AI-powered chatbot, which enables customers to make use of their social media accounts to carry […]

NowNow introduces Nigeria’s first fully integrated NFC wallet

May 16, 2022/Hill+Knowlton Strategies  Launches Tap & Pay and SoftPOS Lagos, Nigeria – Leading African fintech startup, NowNow Digital Systems Limited, has launched a first of its kind fully integrated near field communication (NFC) enabled wallet which allows complete contactless payments to take place on the platform. This new function […]