December 22, 2020/Access Bank Plc In its bid to continue driving and leading in Innovation by leveraging technology to deliver affordable and convenient banking services to the unbanked and underbanked segment of the society, Nigeria’s leading retail financial institution, Access bank Plc, has successfully commissioned and empowered over 50,000 Closa […]
Money Market
Interest Rates on the Rise
December 21, 2020/Coronation Weekly Nigerian market interest rates are on the rise. This marks the end of the long – over a year – march south. But what next? In our view the key determinants are how the 2021 budget deficit will be financed and how normal (given that the […]
NDIC begins verification of depositors of 42 failed MFBs
December 21, 2020/NDIC The Nigeria Deposit Insurance Corporation (NDIC) has commenced the closure of 42 Microfinance Banks (MFBs) which operating licences were recently revoked by the Central Bank of Nigeria (CBN) with verification of their respective depositors. This was disclosed in a release signed by the Director, Claims Resolution Department […]
