By Kayode Tokede United Kingdom’s Development Finance Institution CDC Group and impact investor, has announced a $50 million trade finance facility for Ecobank International (EBI SA), the Paris based member of the Ecobank Group. This marks CDC’s first partnership with…
By Kayode Tokede Barely a year after the launch of its Agent Credit scheme, First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider, has announced that it has economically empowered its Firstmonie Agents with the sum of N100…
By Kayode Tokede Treasury bill (TBill) sees an upward repricing in average yield as liquidity pressures eased on Thursday following successful completion of the Central Bank of Nigeria (CBN) primary market auction on Wednesday. The fixed income market witnessed a…
By Kayode Tokede Analysts at Financial Derivates Limited (FDC) have predicted that headline inflation for June will likely creep back up to 18.1per cent, a level last seen in March 2021, stressing that the month under review could represent a…
By Kayode Tokede Zenith Bank Plc has been named the Best Commercial Bank in Nigeria in the World Finance Banking Awards 2021. The award, which was announced in the July 2021 edition of the World Finance Magazine, was based on…
By Kayode Tokede Treasury Bill (TB) yields inched higher on Wednesday amid inflation rate worries by investors. After two months of consecutive decline in headline inflation, the market is expecting figures for June to drop due to low base effects.…
By Kayode Tokede Guaranty Trust Holding Company (GTCO) Plc on Tuesday officially transformed into a holding company (holdco) with the commemoration of the listing of its shares on the Nigerian Exchange (NGX). The event also featured the unveiling of the…
By Kayode Tokede Access Bank Plc has said its customers can now have access to simple, fast and secure tech-driven solutions to all digital banking challenges via its newly launched AccessX experience centre. The bank explained that the experience centre…
By Kayode Tokede Naira at the Investors & Exporters Foreign Exchange (I & E FX) window on Tuesday depreciated by 0.65 per cent to close at N411.75 against the Dollar.. The local currency gained by 0.35percent and 0.17percent against the…
By Kayode Tokede Association of Bureaux De Change Operators of Nigeria (ABCON) has advocated for reforms that will reduce government spending and also curb the rising trend in the nation’s public debt. The Association made this call in its Quarterly…
