January 11, 2021/Mastercard Mastercard and its partners move services to the cloud, democratizing access to payments technologies. Move unlocks opportunities for partners worldwide to enable contactless payments acceptance via a mobile phone. Mastercard has partnered with NMI and Global Payments Inc. to launch its first live Cloud Tap on Phone […]
Money Market
Access Bank Zambia Announces Complete Acquisition of Cavmont Bank
January 6, 2021/NSE Sequel to our announcement of August 6, 2020, the Board of Access Bank Plc (“the Bank”) today announces that its Zambian subsidiary, Access Bank (Zambia) Limited has completed the acquisition of Cavmont Bank Limited (“Cavmont”), following fulfillment of the key conditions precedent including regulatory approvals. The merger […]
Implications of CBN’s Adjustment to the I and E Window Rate
January 4, 2021/Proshare by FBNQuest Research Event: CBN adjusts naira exchange rate at the investors’ and exporters’ (I&E, or NAFEX) window from NGN394 to NGN410 on 31 December. Implications: This is the latest small adjustment to rates by the CBN when, in our view, it feels cornered. It follows steps […]

