Money Market

Heritage Bank grows agent outlets to 400, moves to Badagry

June 19, 2017/Heritage Bank Ltd With the alarming number of market women, artisans and underserved population who are unbanked, Heritage Bank Plc has deepen its retail banking structure by growing its agent banking base to 400 ‘Corner Shops.’ This is in line with the financial inclusion strategy of the Central […]

Uganda Bankers Association, Mastercard Collaborate to Strengthen Uganda’s Financial Services Sector

June 19, 2017/Mediacraft Strategic partnership agreement will focus on developing the local sector and driving forward financial inclusion goals In support of Uganda’s National Vision 2040, Mastercard has signed a strategic partnership agreement with the Uganda Banker’s Association (UBA) to develop a framework that will strengthen the local financial services […]

NAFEX and Parallel Market Rates in the outgone week

June 19, 2017/InvestmentOne Research the NGN/USD NAFEX opening and closing rates and the closing NGN/USD rate at the parallel market in the outgone week. 12-Jun-17 13-Jun-17 14-Jun-17 15-Jun-17 16-Jun-17 NAFEX Opening rate (NGN/USD) 374.92 373.19 373.68 372.03 370.03 NAFEX Closing rate (NGN/USD) 373.25 372.71 367.17 365.07 365.29 Parallel Closing rate […]