Money Market

African Bank Ecobank Wins Best Digital Strategy Award

May 17, 2018/Ecobank cobank (www.Ecobank.com) won the Best Digital Strategy Award at the Retail Banker International’s prestigious awards ceremony held at the Waldorf Hilton Hotel in London last week. Ecobank’s digital strategy leverages digitalisation for scale and ubiquity and is the key plank in its ambition to be the top […]

UBA Kenya to Leverage on Group’s Capacity to Finance Large Ticket Transactions in Kenya

May 17, 2018/UBA Plc United Bank for Africa, a leading pan-African financial institution with operations in 20 African countries has assured the players in the private and public sectors in East Africa’s largest economy that its Kenyan franchise is ready and committed to finance key projects and business transactions capable […]

Forex: Inter-Bank Sector Gets $210m

Culled—Proshare May 16, 2018/CBN  In another round of intervention, the Central Bank of Nigeria (CBN) on Tuesday, May 15, 2018, injected the sum of $210million into the inter-bank Foreign Exchange Market to boost liquidity in the system.   The figures released by the Bank in Abuja indicate that it allocated the […]