February 10, 2022/US Federal Reserve The Federal Reserve Board on Thursday released the hypothetical scenarios for its annual bank stress tests, which help ensure that large banks are able to lend to households and businesses even in a severe recession. This year, 34 large banks will be tested against a […]
Money Market
UBA Gifts Customers Awesome Digital Experience at Valentine with New Internet Banking
February 10, 2022/UBA Plc Africa’s global bank, United Bank for Africa (UBA) Plc, is set to launch the new internet banking, tagged ‘Made for Love’ in time for the Valentine season which is widely celebrated all over the world as the season of love. The newly upgraded internet banking has […]
Coronation Fixed Income and Exchange Rate Update
February 9, 2022/Coronation Research Summary Opening market liquidity was reported at N630.5bn on Friday (04 February ‘22). Overnight and repo rates closed within a range of 11-13.5%. Last week, the average NTB yield increased by 3bp w/w to close at 4.4%. Meanwhile, the average yield for OMO bills increased by […]
