Money Market

Heritage Bank Calls for Increased Govt, Banks’ Support in Agriculture Sector

November 12, 2018/Heritage Bank Ltd Heritage Bank Plc has called on government at all levels and deposit money banks to increase supports in agriculture, as it is the most resilient and important sector of Nigerian economy, despite underwhelming investment in the sector. The Executive Director of the bank, Jude Monye […]

Why Diamond Bank Opted for a CBN-Managed Acquisition by Access Bank Over the Carlyle Group

Culled—Proshare November 12, 2018 By Proshare Research & Markets Preamble Five (5) months ago, when we became aware of the developments in Diamond Bank Plc, and sought to primarily devote time and resources to understand the nature of the changes that the Central Bank of Nigeria (CBN) was contemplating to […]

Unimpressive Growth in Mobile Payments

Culled—Proshare 9/11/2018/FBNQuest Research                                                                                            Data from the CBN’s recently released H1 2018 report reveal that a total volume of 596 million transactions was recorded on electronic payment channels in the first half of this year, compared with 462 million in the same period of 2017. As expected, ATM transactions dominated with […]