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Money Market

Ecobank Nigeria Has Stable Outlook, Quality Management – Fitch Rating

  Fitch Ratings has assigned Ecobank Nigeria Limited (ENG) a Long-Term Issuer Default Rating (IDR) of 'B-' with a Stable Outlook, Viability Rating (VR) of...

Ecobank targets MSMEs with N50 billion credit facility

  The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has said the bank’s newly sourced N50 billion credit will be deployed to support Micro, Small and...

CBN advises against second lockdown, retains MPR at 11.5 percent

    The Central Bank of Nigeria, CBN, on Tuesday advised the Federal Government against the second lockdown. The CBN position is coming after the Presidential Task...

Peter Obi intervenes in AMCON, Enugu School dispute

  The Vice Presidential candidate of the People’s Democratic Party, PDP, in the 2019 general elections, Peter Obi, has called on concerned authorities to see...

NDIC screening at the National Assembly

      L– R : Special Assistant to the President on National Assembly Matters,  Babajide Omoworare; NDIC MD/CE Nominee, Hassan Bello; and ED, OPs, Nominee, Mohammed...

Fidelity Bank to empower entrepreneurs

    Fidelity Bank Plc, has finished plans to organise a National Capacity Building Webinar For Small Medium Enterprises, SMEs,  in the country. The programme is...

N9.8 trn Debt: CBN borrowing may highten risks, investments says Fitch

    The Federal Government of Nigeria’s repeated recourse to its Ways and Means facility with the Central Bank of Nigeria highlights weaknesses in public finance...

AfDB, EIB sign agreement to promote and support African investments

  The African Development Bank, AfDB, and the European Investment Bank, EIB, have signed a Joint Action Plan to strengthen cooperation between both banks and...

FCMB founder, Otunba Balogun donates N5bn hospital equipment to UCH

  Founder of First City Monument Bank Group, Otunba Olasubomi Balogun, has donated the Otunba Tunwase National Pediatrics Centre in Ijebu Ode, Ogun State, to...

AfCFTA: We are well-positioned to make payments smooth for our customers – Ecobank Group CEO

The Group Chief Executive Officer, Ecobank Transnational Incorporated, ETI, Ade Ayeyemi, has affirmed that the pan-African banking group is facilitating smooth and instant payments...