Culled—Proshare May 13, 2019 By Anchoria AM Research Money Market The money market rate increased last week as the Overnight rate (OVN) and Open Buy Back (OBB) rose to 10.00% and 9.14% from 5.93% and 5.29% respectively. Consequently, the average money market rate increased by 3.96% to settle at 9.57%. […]
Money Market
Making Access to Credit and Loan Repayment Available to Anyone, Anywhere
May 13, 2019/Pocket Money Over the past few years, there has been a proliferation of new fintech models, offering alternative financial solutions to the conventional set-ups, more so in the lending sub-sector in Africa. New horizons in the African financial industry are evident with new trends gaining strong traction especially […]
FirstBank Reports N1 Trillion Transaction Via Firstmonie Network; Leads Financial Inclusion Drive by the CBN
May 9, 2019/FirstBank Nigeria Nigeria’s premier financial services provider and Bank of first choice, First Bank of Nigeria Limited has announced that its Firstmonie network has processed a cumulative transaction value of N1 trillion from its relaunch in January 2018. The network also achieved nationwide coverage in record time, enabling […]
