Money Market

CBN Resumes Whole FX Intervention To Tackle FX Supply Problems

Culled—Proshare May19, 2020 By Zedcrest Capital  FGN Bonds It was a topsy-turvy session in the market for FGN Bonds, as spreads widened across the head and belly of the curve while maturities at the tail-end saw tighter spreads from improved bids. We noted strong local demand for the 2023s and […]

COVID 19 Rebound: We are building Entrepreneurs and supporting financial Inclusion through Xpress Point Agents – Ecobank

May 18, 2020/Ecobank Ecobank Nigeria has reiterated that 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 Ecobank Xpress Point enables eligible Agents to carry out financial transactions on behalf of Ecobank (www.Ecobank.com) […]

UBA Offers 1.58% Monthly Interest on Quick Loan, Boost Digital Platform amid Covid-19

May 18, 2020 By Peter OBIORA InvestAdvocate -Africa’s global lender, the United Bank for Africa Plc (UBA) on Monday said its offering 1.58 percent monthly interest rate on its Quick Loan service to customers, Jude Anele, group head, Consumer & Retail Banking of UBA made this disclosure at a Zoom […]