Money Market

CBN e-Naira Series 3: Implications for Financial Intermediation

September 28, 2021/ United Capital Research In the concluding part of our series, we will be considering the impact of the launch of the Central Bank Digital Currency, e-Naira, on the banking industry. The e-Naira is set to help the Central Bank of Nigeria (CBN) achieve its goal of a […]

Quickteller Paypoint Partners SOLAD Power to Offer Agent Banking Services

September 28, 2021/Mediacraft SOLAD Power group has joined the Interswitch Financial Inclusion Services Limited agent banking network, known as Quickteller Paypoint, as a sub-agent. The move enables SOLAD to digitise collections and provide existing energy customers with a broader range of financial services, as part of the company’s strategy to […]

Fitch Affirms Stanbic IBTC Holdings at ‘AAA(nga)’

September 27, 2021/Fitch Ratings Fitch Ratings has affirmed the National Long-Term Ratings of Nigeria-based Stanbic IBTC Holdings PLC (Stanbic IBTC) and its 99.9% owned subsidiary, Stanbic IBTC Bank PLC (Stanbic IBTC Bank), at ‘AAA(nga)’. Key Rating Drivers National Ratings   The ratings of Stanbic IBTC and Stanbic IBTC Bank are based on […]