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Money Market

Fidelity Bank Plc issued 10 years N41.21bn under its N100bn bond issuance programme

    Fidelity Bank Plc has successfully issued 10 years N41.21 billion in fixed rate unsecured subordinated bond at a 8.5 percent coupon rate due in...

Ecobank Holds Webinar On Digital Solutions, Launches Two New Products

    Ecobank Nigeria has concluded arrangement to host a webinar to provide insightful information on how banks can effectively help educational institutions and faith based organisations...

Ecobank Nigeria announces the pricing of its Senior Unsecured $300mn bond

      Ecobank Nigeria (“ENG” or “the Bank”), a wholly owned subsidiary of leading pan-African banking giant, Ecobank Transnational Incorporated (‘ETI’), the parent company of the...

IMF says Nigeria’s full economic recovery before 2022 is a mirage

      The International Monetary Fund has said that Nigeria’s recovery from the impact of the COVID-19 is expected to be weak and gradual under current...

Ecobank Nigeria Introduces Money Transfer Via SMS, WhatsApp  

       Ecobank Nigeria says its customers are now able to transfer funds by email, SMS and Whatsapp - new features available on the Bank's Mobile App. Speaking, the...

CBN defends action on crypto currency

    The Central Bank of Nigeria, CBN, says the directive restricting banks from crypto currencies transaction is necessary to forestall illegal activities and risks in...

WTO DG race: Coast clear for Okonjo-Iweala as South Korean candidate withdraws

    South Korean trade minister Yoo Myung-hee on Friday abandoned her bid to become head of the World Trade Organization, Seoul said, clearing the way...

CBN Shuts Down All Cryptocurrency Exchange Bank Accounts

    According to a letter shared by social media users, the CBN earlier today urged banks to identify and close the bank accounts of people...

Access Bank partners American Express to broaden card usage

      Access Bank Plc has partnered with American Express to broaden the acceptance and usage of American Express cards in the country. The  Senior Banking Advisor...

Ecobank Group Posts N630 billion Revenue in 2020  

  Ecobank Group has recorded a revenue of over N630 billion for the year ended December 31, 2020. This represents a 7% growth when compared...