Money Market

UBA Wins Best Bank of the Year, International Bank of the Year-BAFI Awards

November 30, 2020/UBA Plc Pan-African financial institution, United Bank for Africa (UBA) Plc, carted two highly coveted laurels at the BusinessDay’s Bank and other Financial Institutions Awards (BAFI) winning the Bank of the Year and the International Bank of the Year at the glamorous event held over the weekend. The […]

Covid-19: FirstBank Launches Next-Generation ATM, Spearheads Innovation Nigeria’s in Electronic Banking

November 29, 2020/FirstBank of Nigeria In the light of COVID-19, FirstBank has launched the FastTrack ATM, a Next Generation ATM and first of its kind in Africa, designed to promote financial activities on the ATM devoid of any form of physical interaction with the machine. The introduction of the FastTrack […]

CBN Communique No. 133 of the MPC Meeting as at Nov 23-24, 2020

November 24, 2020/CBN The Monetary Policy Committee (MPC) met on the 23rd and 24th of November, 2020 amidst the announcement of the discovery of several high efficacy COVID-19 vaccines, resulting in stronger optimism for improvement in global output. However, persisting weakness in crude oil prices, soaring global debt and high […]