Money Market

Ecobank is Supporting Financial Inclusion Via Xpress Points

June 17, 2020/Ecobank Nigeria Ecobank Nigeria says its agency banking scheme, also known as Xpress Points, is building entrepreneurs and pushing financial inclusion to the large unbanked and under-banked population in Nigeria. The lender says its Xpress Points enables eligible Agents to carry out financial transactions on behalf of the […]

The Mystery of Naira Liquidity

June 15, 2020/Coronation Report When a currency is under pressure you expect interest rates to go up, and the long-term (we mean 10-year) lesson is that this generally happens in Nigeria. But is it not happening now. A huge amount of liquidity held by investing institutions (such as pension funds […]

Sudan embraces digital payments to build a more inclusive economy

Sudan Joins United Nations’ Better Than Cash Alliance to Drive Financial Inclusion and Transparency June 10, 2020/Ministry of Finance & Economic Planning, Republic of Sudan As part of its vision to transform its economy, the Republic of Sudan announced today a new commitment to accelerate the transition from cash to […]