February 8, 2021/Ecobank Nigeria Ecobank Nigeria says its customers are now able to transfer funds by email, SMS and Whatsapp – new features available on the Bank’s Mobile App. Speaking, Olukorede Demola-Adenyi, Head, Consumer Banking Ecobank Nigeria said that this is part of the bank’s innovation in digital banking, enabling customers perform their […]
Money Market
Response to Regulatory Directive on Cryptocurrencies
February 7, 2021/CBN The attention of the Central Bank of Nigeria (CBN) has been drawn to various comments and reactions following our recent reminder to Deposit Money Banks (DMBs) to desist from transacting in / and with entities dealing in cryptocurrencies. Most of these reactions reveal that there appears to […]
SEC Requests Comment on Potential Money Market Fund Reform Options Highlighted in President’s Working Group Report
February 4, 2021/US SEC The Securities and Exchange Commission today published a request for public comment on potential reform measures to improve the resilience of money market funds as highlighted in a report of the President’s Working Group on Financial Markets issued in December 2020. The report noted that certain […]
