Money Market

Ecobank Says Mobile App Reaches 4 Million Users Milestone in Africa

April 3, 2018/Ecobank The upgraded version of Ecobank’s revolutionary mobile app has attracted 3 million new customers in just 6 months, taking the total number of users to 4 million.   The app builds on the core functionality that saw the original version applauded as a game changer for African […]

CBN Says Credit to Corporate Sector to Increase in Q2 2018

30/3/2018/CBN Executive Summary Supply: The availability of secured credit to households increased in Q1 2018 and was expected to increase in the next quarter. Favorable economic outlook was the major factor for the increase in the secured credit. Lenders reported that the availability of unsecured credit to households increased in […]

Jaiz Bank, Islamic Development Bank Sign $20m SMEs Financing Deal

Culled—Proshare April 3, 2018/ NBCC / The Nation  Jaiz Bank Plc and Islamic Corporation for the Development of Private Sector (ICD), the development arm of Islamic Development Bank (IDB), yesterday signed a $20 million line of agreement to finance Small and Medium Sized Enterprises (SMEs) in Nigeria. The financing deal […]