The customers of Ecobank, the Pan-African Banking Group in 33 African countries, can now transact with over 170 million mobile wallets across the continent December 12, 2018/Ecobank Ecobank (www.Ecobank.com) The Pan-African bank announced today the appointment of MFS Africa (www.MFSAfrica.com) as Digital payment partner enabling cross-platform payment services for Ecobank […]
Money Market
UBS unveils Year Ahead Outlook for 2019
December 11, 2018/UBS Investors will need to weather more volatility in order to capture opportunities in 2019, according to the Year Ahead report from UBS, the world’s leading wealth manager. Global economic growth will decelerate next year to 3.6% from 3.8% in 2018, and company earnings will grow at a […]
Average Money Market Rate Rose to 8.24% to Settle at 25.21%
Culled—Proshare December 10, 2018/Anchoria AM Research Money Market The money market rate increased significantly last week as the Overnight rate (OVN) and Open Buy Back (OBB) rose to 26.08% and 24.33% respectively. Consequently, the average money market rate rose by 8.24% to settle at 25.21% due to CBN activities to […]
