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 […]
Money Market
Spacefinish Unveils New Innovative Office Space for Renmoney
From a train converted into an alternative workspace to beautiful lights dangling from the ceiling, Spacefinish stays true to their vision to improve lives by creating offices that drive innovation, collaboration and productivity. December 10 , 2018/Spacefinish Renmoney recently announced that it had partnered with design firm Spacefinish to design […]
Fitch Affirms Nigeria’s FCMB at ‘B-‘; Outlook Stable
December 10, 2018/Fitch Ratings Fitch Ratings has affirmed First City Monument Bank Limited’s (FCMB) Long-Term Issuer Default Rating (IDR) at ‘B-‘. The Outlook is Stable. A full list of ratings is at the end of this commentary. KEY RATING DRIVERS IDRS, VR AND NATIONAL RATINGS The IDRs of FCMB are […]
