October 6, 2020/Fitch Ratings Fitch Ratings has affirmed First City Monument Bank (FCMB) Ltd’s ratings, including the bank’s Long-Term Issuer Default Rating (IDR) at ‘B-‘, and removed them from Rating Watch Negative (RWN). The Outlook is Stable. The removal of the RWN on FCMB’s Long-Term IDRs, Viability Rating (VR) and […]
Money Market
Connecting People with Finance: Mobile Money for Financial Inclusiveness
People are changing their habits, looking for new ways handling financial transactions, such as investing in stocks and managing portfolios October 6, 2020/Huawei By Huawei advertorial As mobile devices increase in popularity, individuals are embracing digital transformation more rapidly than most enterprises. People are changing their habits, looking for new […]
Which way for interest rates?
October 6, 2020/Coronation Report A year ago this month the Central Bank of Nigeria (CBN) banned most domestic institutions from buying new issues of its open market operation (OMO) bills. The result was an exodus of money from the OMO market into government bills and bonds, which has driven down […]
