Money Market

Naira Strengthens Against the Dollar

Culled—-Proshare September 3, 2020 by CBN Speculators in Nigeria’s foreign exchange market are set to count huge losses as the Naira continues to surge against the dollar, following the interventions made by the Central Bank of Nigeria (CBN) in the Investors and Exporters (I&E) window. Prior to CBN’s renewed intervention […]

CBN BDC Sales: Speculative Supply Hit The Streets Bringing Parallel Market Exchange Rates Down

Culled—Proshare September 2, 2020 By Zedcrest Capital FGN Bonds It was an unremarkable trading session for FGN bonds to start off the new month, as the lull in the market mood continues to hang overhead. Despite continued wide quoted spreads, some trades were executed at mid-levels at the long-end of […]

Verve Launches the ‘Good Life’ Consumer Promo

August 31, 2020/Mediacraft Africa’s leading payment technology and card business, Verve International, has launched a nationwide promo to reward its cardholders with cash prizes and airtime. The promo tagged “The Verve Good Life Promo” kicked off on September 1, 2020 and will run till November 29, 2020. The Verve Good […]