Money Market

Nigeria central bank seeks to ease naira pressure with $100 mln auction

May 22, 2017/Reuters By Oludare Mayowa | LAGOS May 22 Nigeria’s central bank plans to sell $100 million at a special wholesale spot and forwards auction on Monday as it tries to improve dollar liquidity and ease pressure on the naira. Africa’s largest economy, grappling with a currency crisis brought […]

Going Cashless in Cameroon Made Easy with Launch of the UBA Debit Mastercard

May 22, 2017/Mediacraft United Bank for Africa (UBA) today announced the rollout of the Debit MasterCard card in Cameroon in support of financially empowering all citizens. Focused on displacing cash, the electronic payment solution will deliver a quick, convenient and secure payment alternative for all citizens – instantly. In line […]

Pre-MPC Communique of May 22-23 2017-Access Bank

May 22, 2017/Access Bank Plc Click here to download Pre-MPC Communiqué PDF Report The Monetary Policy Committee (MPC) of the Central Bank of Nigeria will hold its two-day meeting on Monday and Tuesday May 22 and 23, 2017. The major highlights of the Meeting are likely going to be: §  Retain […]