October 17, 2017/ETI The Chief Executive Officer of Ecobank Transnational Incorporated, Ade Ayeyemi, is calling for the Nigerian Government to introduce Credit Guarantee Schemes for Micro, Small and Medium Enterprises (MSME) as a measure to hedge their risk. Reiterating that MSME’s are a fundamental part of the economic fabric in […]
Money Market
Coronation Merchant Bank Wins ‘Merchant Bank of the Year’ Award
October 16, 2017/ReputationPlus Ltd As a testament to its gradual emergence as Africa’s premier merchant Bank, Coronation Merchant Bank has emerged as the ‘Merchant Bank of the Year’ at the 2017 edition of the BusinessDay Annual Banking Awards held in Lagos over the weekend. In emerging as the winner in […]
Lower Current-Account Surplus due to MCP
Culled—Proshare October 16, 2017/FBNQuest Research The balance of payments for Q2 2017 shows that the current-account surplus narrowed from the equivalent of 3.2% of GDP to 1.6%. The explanation lies in a decline in the trade surplus from 2.7% to 2.4% of GDP, along with a larger widening of the […]
