Money Market

Pre-MPC Commentary – Hold Predicted Even Amid Higher Inflation

Culled—Proshare September 25, 2018/Vetiva Research  The fourth Monetary Policy Committee (MPC) meeting of 2018 will conclude later today. In a year when prior expectations of monetary stimulus to boost growth have made way for a more hawkish outlook amid rising inflation and an unwelcome external backdrop, the MPC has voted […]

MTN, UBA, Mastercard Diversify Mobile Money Services in Uganda

September 25, 2018/MTN Uganda MTN Uganda (www.MTN.co.ug) in partnership with Mastercard (www.Mastercard.com) and United Bank for Africa (UBA) (www.UBAGroup.com) have announced a new service that will enable quicker, safer and more convenient online payments globally.  Through this partnership, MTN MoMo customers will use a virtual card to shop or make payments at […]

Heritage Bank Seeks Banks, Fintechs’ Partnership on Financial Inclusion

September 24, 2018/Heritage Bank Ltd Heritage Bank Plc has stressed the need for sustained collaboration between banks and financial technology companies (fintechs). This will support Central Bank of Nigeria’s (CBN) drive for financial inclusion and promote economic growth. Managing Director of Heritage Bank, Mr. Ifie Sekibo, said this while delivering […]