Money Market

CBN Issues Guidelines on Accessing Standing Deposit Facility WEF July 11, 2019

July 10, 2019/CBN With reference to the circular to all Banks and Discounts Houses, Re: Guidelines on Accessing the CBN Standing Deposit Facility, Ref: FMD/DIR/GEN/CIR/05/020 and dated November 06, 2014, after further review: The remunerable daily placements by banks at the SDF shall not exceed N2billion. The SDF deposit of […]

Mastercard and Evolve Bank & Trust Help Hourly and Gig Workers Get Early Access to Wages

Branch uses Mastercard Send to push funds instantly to U.S. debit cards July 10, 2019/Mastercard People who support themselves and their families with incomes from gig and hourly work often have to stitch together earnings from various sources to pay bills, budget for savings and manage financial emergencies. Mastercard today […]

Fidelity Private Bank Wins At PWM Global Wealth Tech Awards

July 9, 2019/Fidelity Bank Plc Fidelity Bank won the ‘Best Digital Networking Bank For Entrepreneurs, Africa 2019’ at 2019 PWM Wealth Tech Awards held in London, United Kingdom (UK) recently. Organized by Professional Wealth Management (PWM), a Financial Times Publication, the awards celebrate excellence in wealth management technology. According to […]