Updates

Nigeria’s Crypto Investors Have “Good Financial Habits”, says Luno

Nearly three-quarters of Nigeria’s crypto investors say the most important purpose of having money is to “secure their family’s wellbeing” September 30, 2021/Luno Luno, the leading global cryptocurrency company, has today revealed in a new online global survey that only 2% of Nigerian cryptocurrency investors surveyed do not have a […]

Lending Rate Contracts 300 Points to 10.8%

The overnight lending rate contracted by 300bps to 10.8%, following inflows from FAAC disbursements (NGN407.71 billion). September 29, 2021/Cordros Report EQUITIES Trading in the domestic equities market was negative for most of the day. However, late interest in bellwethers – NESTLE (+6.4%), DANGCEM (+6.5%) and PRESCO (+5.5%) ensured the market […]

Ecobank Nigeria Names New Chairman, Directors

September 29, 2021/Ecobank Nigeria The Board of Directors of Ecobank Nigeria has announced the appointment of three non-executive directors: . Mrs. Bola Adesola, Mrs. Titilayo Olujobi and Mrs. Bimbola Wright. According to the Board, the new Directors have distinguished themselves in their various careers bringing with them a wealth of experience in the financial services […]