Culled—Porshare July 13, 2020 PFI Capital Limited On Friday 3 June, it was reported that the CBN asked bidders in the SMIS window to increase their bidding price to N380/$ and it would not accept anything below it. On Tuesday 7th July, the CBN official rate was quoted at N381/$ […]
Money Market
Customers to Enjoy Access to Funds, Flexible Repayment Plans with new UBA Credit Card
—‘Access Up to N3m, Pay as Low as 10% Monthly with New UBA Credit Card’ July 9, 2020/UBA Plc Pan African financial institution, United Bank for Africa (UBA) Plc, has introduced the new UBA Naira Credit Card to its teeming customers in fulfilment of its promise to ease accessibility to […]
Money Market Rates Remain Stressed As Local Banks Queue Up For Liquidity From The CBN
Culled—Proshare July 9, 2020 By Zedcrest Capital FGN Bonds The FGN bonds space continued its tales of halves, bullish at the head while the belly and the tail remained bearish. We saw yield compressed by an average of c.46bps at the short-end of the curve D/D as the 2023s remained […]

