October 5, 2020/Cowry Asset Report Following the recovery in global crude oil prices, Nigeria’s external reserves rose by 5% to an average of USD35.76 billion in September from an average of USD34.03 billion in April when the pandemic was rife. Against the backdrop of improved external buffers, the Naira/USD exchange […]
OPINION/EDITORIAL
Connecting people with finance: new digital core in banks
Traditional banks need to quickly build a new digital core based on open and distributed technologies October 5, 2020/Huawei Enterprise. By Vincent Chen In the banking industry, the stable running of IT systems is imperative. This is what drove the industry to begin IT construction relatively early and what continues […]
Shifting the Appetite of Nigerian Investors: From Savings to Mutual Funds
October 5, 2020/Coronation Report Mutual Funds are growing rapidly and are quickly becoming the default destination for Nigerians’ savings. Just as the Pension Funds began to take off a decade ago, now Mutual Funds are growing fast. The total value of Money Market funds rose by 11% and Fixed Income […]
