Money Market

CBN Injects Another $210million into Forex Market

Culled—Proshare April 18, 2018/CBN  In continuation of its intervention in the inter-bank sector of the Foreign Exchange market, the Central Bank of Nigeria (CBN) has intervened with another sum of $210million in the forex market to meet the requests of customers. A breakdown of the figures obtained from the Bank […]

MTN-Ecobank Partnership – Diamond Bank Clarifies The Diamond Yello Proposition

Culled—Proshare April 18, 2018/Diamond Bank Release  There was news in the media recently of the signing of a partnership agreement between MTN and ECOBANK to grow financial inclusion in Africa and bring banking services to the unbanked.  Since then, we have received enquiries on the future of our partnership with […]

UBA Meets NSE’s Stringent Corporate Governance Conditions, Join NSE Premium Board

April 17, 2018/UBA Plc The Nigerian Stock Exchange on Monday migrated the ordinary shares of United Bank for Africa (UBA) Plc to its Premium Board, in what capital market analysts describe as an attestation to the Bank’s strong adherence to international best practices on corporate governance.   The Premium Board […]