Money Market

Ecobank Extends Zero Charge For Digital Money Transfers

June 26, 2020/Ecobank Ecobank has extended its zero charge fee for digital money transfers below N5,000 till the end of September this year. In addition to the free USSD session fee currently enjoyed by Ecobank customers, users of Ecobank Mobile, Ecobank Online, USSD – Ecobank *326# can continue to enjoy […]

Personal Statements By The MPC Members At The 130 MPC Meeting of May 28, 2020

Culled—Proshare June 25, 2020 Central Bank of Nigeria   ADAMU, EDWARD LAMETEK The global economy continues to be heavily burdened by the fallouts of the novel corona virus pandemic. The economic costs of lockdowns, border closures and restrictions on movement of goods and services have been enormous – and still […]

The Twin Shock: COVID-19 Pandemic and The Oil Price War and Implications for the Banking Sector

Culled—Proshare June 24, 2020 By KPMG Nigeria Introduction COVID-19 is in the first place, a pandemic with potential serious implications for people’s health. It is an unprecedented challenge for our modern societies and health systems. The consequences of the pandemic for our global economy and financial sector are unpredictable. Economists […]