Money Market

Access Bank Wins Euromoney’s Best Commercial Banking Capabilities Award

February 22, 2018/Access Bank Plc Access Bank Plc has emerged winner of the best ‘Commercial Banking Capabilities’ award by Euromoney, a leading global financial publication. The prestigious award was presented to Herbert Wigwe, the Bank’s Group Managing Director/CEO at the Euromoney Private Banking Awards 2018, which held at the Landmark […]

CBN Amends Commercial Agriculture Credit Scheme Offers 9% Interest Rate

February 22, 2018/CBN As part of the efforts by the Central Bank of Nigeria to deepen access to finance and reduce exclusion rate, the CBN has revised the existing Commercial Agriculture Credit Scheme (CACS) Guidelines to include Non Interest Financial Institutions (NIFIs). It is expected that the review of the […]

Dollar stands tall after Fed minutes back more U.S. rate increases

21/2/2018/Reuters Masayuki Kitano The dollar rose to a one-week high against a basket of major currencies on Thursday, after minutes of the Federal Reserve’s January meeting showed policymakers were more confident of the need to keep raising interest rates. The dollar index edged up 0.1 percent to 90.099. Earlier, it […]