Culled—-Proshare March 21, 2020 Zedcrest Capital Below are highlights of trading activities in the fixed income and forex market on March 20, 2020 FGN Bonds Yields in the Bonds Markets continued its recovery, as bids improved across the curve. The most axes remained on the mid- (2028s & 2036s) to […]
Money Market
Nigerian Central Bank Sells U.S. Dollar at Weaker Rate Than Previous Peg
March 20, 2020 Culled—Proshare by Chijioke Ohuocha of Reuters, Edited by Edmund Blair and Giles Elgood The Nigerian central bank has sold the U.S. dollar to local Jaiz Bank at 360 naira on the official currency market, weaker than the 306 where it was previously pegged, implying a 15% […]
Ecobank Xpress Save and Xpress Loan is designed to stimulate micro savings in the economy – Akinwuntan
March 17, 2020/Ecobank The Managing Director, Ecobank Nigeria, Patrick Akinwuntan said the Ecobank Xpress Save and Xpress Loan is a digital product designed to stimulate micro savings in the economy. According to the bank Managing Director, this innovative product is part of the bank’s overall strategy to drive financial inclusion […]
