Culled—Proshare March 1, 2018/ Zedcrest Capital ***Nigeria’s ruling party endorses Buhari for second term*** Bonds The Bond market remained relatively quiet in today’s session, with continued offshore interest on the long end (34s – 37s), compressing yields marginally by c.1bps on average. We expect the market to trade on a […]
Money Market
Roaring to life: Growth and innovation in African retail banking
The McKinsey Global Banking report finds winning strategies among Africa’s top banks February 28, 2018/McKinsey & Company The McKinsey Global Banking(www.McKinsey.com <http://www.McKinsey.com> ) practice has today published a new report on African Retail Banking – Roaring to life: Growth and innovation in African retail banking ( <https://goo.gl/grn5ju> https://goo.gl/grn5ju). The report […]
Virtual Currencies not Legal Tender in Nigeria – CBN
February 28, 2018/CBN The Central Bank of Nigeria (CBN) has again cautioned Nigerians to be wary of investments in cryptocurrency, stressing that virtual currencies are not legal tender in Nigeria. A press release issued by the Bank on Wednesday, February 28, 2018, reiterated that cryptocurrencies such as Bitcoin, Ripples, Monero, […]
