Money Market

Ecobank wins Bank of the Year and Best Bank in prestigious London awards ceremonies

December 9, 2019/Ecobank Ecobank (www.Ecobank.com) wins “Bank of the Year” and “Best Bank” at The Banker and EMEA Finance Awards in London. Ecobank Cameroon, Gambia and Rwanda won Bank of the Year at The Banker Awards on 28th November. This recognition came just before Ecobank Cabo Verde, Gambia, Liberia and […]

Global Banks Start to Embrace ESG in their Risk Management-Fitch

December 5, 2019/Fitch Ratings Global banks are increasingly embedding environmental, social and governance (ESG) factors into their risk-management frameworks, Fitch Ratings says in a new report. More than half the 182 banks that took part in Fitch’s ESG survey said they incorporated ESG considerations “always” or “most of the time” […]

Nigerian Banks Report N42.76 Trillion e-Transaction in Q3 2019-NBS

December 5, 2019/NBS A total volume of 800,201,498 transactions valued at N42.76trn were recorded in Q3 2019 as data on Electronic Payment Channels in the Nigeria Banking Sector revealed. NIBSS Instant Payments (NIP) transactions dominated the volume of transactions recorded. 298,988,572 volume of NIP transactions valued at N26.18trn were recorded […]