Money Market

UBA Upgrades Mobile App, Introduces Exciting New Features for Customers

May 17, 2020/UBA Plc Pan African financial institution, United Bank for Africa (UBA) Plc, has upgraded its mobile banking application, introducing lots of exciting and interactive features to aid banking, whilst allowing customers to perform unlimited transactions with simple taps on their mobile phones. The award winning innovative bank which was […]

Regulators Temporarily Changes Supplementary Leverage Ratio to Increase Banks’ Lending to households, Businesses on COVI-19 Response

May 15, 2020/Federal Reserve US The federal bank regulatory agencies today announced temporary changes to their supplementary leverage ratio rule. The temporary modifications will provide flexibility to certain depository institutions to expand their balance sheets in order to provide credit to households and businesses in light of the challenges arising […]

USD and NGN FX Rates Breaches above N400 per Dollar I and E FX Window As Demand Piles up

Culled—Proshare May 15, 2020 By Zedcrest Capital FGN Bonds It was a mixed session for FGN Bonds today, as market participants continue to evaluate the current market landscape to gauge market direction. Demand persisted at the short-end (2021s and 2024s) while we saw supply at the mid- (2025s and 2029s) […]