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BANKING & FINANCE

BANKING & FINANCE

Ecobank
BANKING & FINANCE

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has stated that Africa is the strategy of Ecobank. Akinwuntan who was speaking in commemoration of Africa Day 2019 noted that ...
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Facebook
BANKING & FINANCE NEWSLETTER SCIENCE AND TECHNOLOGY

Facebook has been in contact with US and British financial regulators with a view to launching its own cryptocurrency next year, the BBC reported on Friday. “GlobalCoin” would ...
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Pound
BANKING & FINANCE NEWSLETTER

The pound rose on Friday and was set to snap a record losing streak against the euro after British Prime Minister Theresa May set out a departure date ...
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Dollar
BANKING & FINANCE NEWSLETTER

The dollar fell on Friday from a two-year high after orders for U.S.-made capital goods fell, further evidence that manufacturing and the broader economy are slowing, due in ...
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Sterling
BANKING & FINANCE NEWSLETTER

Sterling weakened again on Thursday as pressure mounted on Prime Minister Theresa May to name a date for her departure after a backlash over her last-ditch plans for ...
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Dollar
BANKING & FINANCE NEWSLETTER

The dollar hit its highest level in two years and the yen rose half a percent on Thursday as economic and political uncertainties swept through Europe and Asia, ...
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Sterling
BANKING & FINANCE NEWSLETTER

Sterling fell broadly on Wednesday and was on track for its longest ever losing streak against the euro as Prime Minister Theresa May’s last-ditch Brexit plan failed to ...
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Dollar
BANKING & FINANCE NEWSLETTER

The dollar held near a one-month high on Wednesday as trade tensions between the world’s two biggest economies remained high before Fed minutes that may give more clues ...
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CBN Governor Godwin Emefiele
BANKING & FINANCE COVER NEWSLETTER

Retains MPR at 13.5%, CRR at 22.5% The Central Bank of Nigeria (CBN) is to limit Deposit Money Banks (DMBs) access to government securities to redirect their lending ...
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CBN
BANKING & FINANCE COVER NEWSLETTER

The Central Bank of Nigeria (CBN) Tuesday resolved to retain the Monetary Policy Rate (MPR), otherwise known as interest rate, at 13.5 per cent. The MPR is the ...
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Dollar
BANKING & FINANCE NEWSLETTER

The dollar was little changed on Monday morning but maintained last week’s gains as investors held off on big moves while awaiting developments in U.S-China trade negotiations and ...
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Sterling
BANKING & FINANCE NEWSLETTER

Sterling inched above five-month lows on Monday as British Prime Minister Theresa May makes a last-ditch attempt to get a Brexit deal through parliament before she leaves office, ...
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Diamond Bank
BANKING & FINANCE COVER NEWSLETTER

More facts have emerged on the reasons why the defunct Diamond Bank surrendered itself for a business combination deal with Access Bank Plc. The deal was consummated on ...
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NIBSS
BANKING & FINANCE COVER NEWSLETTER

Reports from the Nigerian Interbank Settlement System (NIBSS), indicate that Nigeria’s Point of Sales (POS) recorded 117,130.91 transactions from January to April. The report, obtained by the News ...
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ECOWAS
BANKING & FINANCE COVER NEWSLETTER

The Economic Community of West African States, ECOWAS Task Force on single currency would meet in June 2019 to give the assessment on the studies of the currency. ...
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Dollar
BANKING & FINANCE NEWSLETTER

The U.S. dollar rose to its highest levels in a week against a basket of currencies on Thursday as investors focussed on trade war tensions, while the euro ...
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sterling
BANKING & FINANCE NEWSLETTER

The pound neared a four-month low on Thursday as Britain’s Prime Minister Theresa May battled to keep her Brexit deal, and her premiership, intact amid growing fears of ...
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Barclays
BANKING & FINANCE NEWSLETTER

Barclays and RBS are among five big banks fined a total of €1.1bn (£930m) by the European Commission for operating cartels that rigged currency markets. The two banks ...
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Senate
BANKING & FINANCE

The Senate, on Thursday, confirmed the renewal of appointment of Mr Godwin Emefiele as the Central Bank of Nigeria (CBN) Governor, for a second term. This followed the ...
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Access Bank
BANKING & FINANCE

Access Bank Plc has disclosed its resolve to reward more than 1000 DiamondXtra customers this month in its first quarterly draw. The bank stated this in a statement ...
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