Money Market

Finally, Out… CBN Drops the Long Awaited Special Bill at 0.50%

December 11, 2020/Proshare by Zedcrest Capital FGN Bonds The bond market kicked off on an active note as tension rose in the market following the unexpected outcome of the previous day PMA auction. Bid offer opened the day 400bps apart at the belly and tail of the curve but tighten […]

Risks to Nigerian Banks’ Asset Quality Loom in 2021 and Beyond

December 8, 2020/Fitch Ratings Nigerian bank asset quality is expected to weaken over the next 12 months-18 months, Fitch Ratings says in a new report, What Investors Want to Know: Nigerian Banks. Debt relief measures have prevented a material rise in impaired loans in 2020, but Fitch forecasts the average […]

African Banks Perfectly Poised to Benefit from Chat Commerce

Clickatell believes banks, particularly in the emerging markets, can increase their reach by a factor of three if they implement chat December 10, 2020/Clickatell Attendees at Clickatell’s Connect Interact and Transact (CIT) annual event in November heard how chat commerce can assist companies, especially banks, connect with customers who are […]