Money Market

Forty Three Percent Growth in Remittances to Africa in 2019

Ghana ranks second highest receiving country for remittances January 25, 2020/Aetoswire Leading mobile payments company WorldRemit saw a 43% growth in remittances to Africa from higher income nations in 2019. The top five countries receiving remittances from the diaspora in 2019 included, Ghana, Kenya, Uganda, Zimbabwe, with Nigeria receiving the […]

CBN Communique No. 128 of the MPC Meeting Janaury 23-24, 2020

January 24, 2020/CBN The Monetary Policy Committee (MPC) held its 27th meeting, the first in fiscal 2020, on the 23rd and 24th of January, 2020. The Meeting held in an environment of sluggish global economic recovery and financial market vulnerabilities, and tepid domestic growth. The Committee appraised these developments and the outlook […]

FirstBank Wins Best Mobile Banking App, Fastest Growing Retail Bank Awards

January 24, 2020/FirstBank of Nigeria First Bank of Nigeria Limited has been named 2019 “Best Mobile Banking App” and “Fastest Growing Retail Bank” winner  by Global Business Outlook. The Global Business Outlook Award recognises and rewards excellence in business in companies across the world, both in the public and private […]