Money Market

Money Market Rates Jump to 15.00% As CBN Squeezes Banks for CRR

Culled—Proshare April 10, 2020 By Zedcrest Capital FGN Bonds Keeping up with the theme of the wee, yields dropped in the last trading session of the week, as demand from locals continued ahead of the holiday weekend. We noted demand across the curve, with the biggest gains on the 2024s […]

COVID-19: FirstBank Reinforces Its e-Banking Offerings Appreciates Customers

April 9, 2020/FirstBank of Nigeria First Bank of Nigeria Limited, the leading financial inclusion bank in Nigeria, has reassured its customers that it would remain steadfast and ready to show up for them at these “unprecedented times.” The Bank, in a statement released on Thursday and signed by its chief […]

CBN Issues Alert on COVID-19 Cyber Frauds

April 6, 2020/CBN The Central Bank of Nigeria (CBN) wishes to alert the general public that cyber-criminals are taking advantage of the current “COVID-19” pandemic to defraud citizens, steal sensitive information, or gain unauthorized access to computers or mobile devices using various techniques. This trend is not peculiar to Nigeria […]