Money Market

Heritage Bank, CBN drive improved investment outcomes, job creation

August 10, 2020/Heritage Bank Heritage bank Plc in collaboration with the Central Bank of Nigeria (CBN), under the Nigerian Incentive-Based Risk Sharing in Agricultural Lending (NIRSAL) has continued to drive improved investment outcomes and job creation. Through this partnership, Heritage Bank is not relenting in its efforts at boosting the […]

FX: CBN Steps Towards Rate Unification, Adjust Official Spot Rate on Its Website to N379

Culled—Proshare August 7, 2020 By Zedcrest Capital  Below are highlights of trading activities in the fixed income and forex market on  August 08, 2020. FGN Bonds The FGN bond market started trading today on a sluggish note but activity picked up by mid-day as local investors began to scramble for bonds, […]

Access Bank Zambian Subsidiary Says to Acquire Cavmont Bank

August 7, 2020/NSE Subsequent to our announcement on July 8, 2020, the Board of Access Bank Plc (“Access Bank”) announces today that its subsidiary, Access Bank (Zambia) Limited (“ABZ”) has entered into a definitive agreement with Cavmont Capital Holdings Zambia Plc (“CCHZ”) regarding a proposed acquisition of Cavmont Bank Limited […]