Updates

Nigeria becomes an EBRD Shareholder

March 4, 2025/EBRD By Nibal Zgheib Our Head of sub-Saharan Africa, Heike Harmgart at the signing ceremony with Wale Edun, Minister of Finance and Coordinating Minister of the Economy of Nigeria. Image Credit: EBRD Nigeria has become the EBRD’s 77th shareholder Nigeria has also expressed interest in becoming an EBRD recipient […]

Network International, Airtel Advance Their Strategic Rollout Plan in Key Markets

Image Credit: Network International Uganda first to go live under pan-Africa Payment Processing Partnership March 5, 2025/Network International Network International (Network), a leading enabler of digital commerce across the Middle East and Africa (MEA), in partnership with Airtel Money, the dedicated mobile money platform for Airtel Africa, has begun the […]

Coronation Fixed Income and Exchange Rate Update

March 4, 2025/Coronation Research Summary Last week, system liquidity rebounded, closing positive at N130.93bn (28th, February ’25), from -N722.57bn in the previous week. Therefore, the Open Repo Rate (OPR) and the Overnight Rate (O/N) decreased to 26.75% and 27.33% respectively. Looking ahead, we expect interbank rates to decline as liquidity […]