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Ghana central bank cuts interest rate by 100 basis points to 22.5 pct

22/5/2017/Reuters Ghana’s central bank lowered its benchmark interest rate on Monday by 100 basis points to 22.5 percent, citing a downward trend in inflation towards medium term targets of 8… Read more »

CBN injects $205m as Naira falls to N379/$

May 23, 2017/Vanguard By Babajide Komolafe The Central Bank of Nigeria (CBN) yesterday injected $205 million into the foreign exchange market even as the naira depreciated to N379 per dollar… Read more »

Nigeria central bank seeks to ease naira pressure with $100 mln auction

May 22, 2017/Reuters By Oludare Mayowa | LAGOS May 22 Nigeria’s central bank plans to sell $100 million at a special wholesale spot and forwards auction on Monday as it… Read more »

Going Cashless in Cameroon Made Easy with Launch of the UBA Debit Mastercard

May 22, 2017/Mediacraft United Bank for Africa (UBA) today announced the rollout of the Debit MasterCard card in Cameroon in support of financially empowering all citizens. Focused on displacing cash,… Read more »

Pre-MPC Communique of May 22-23 2017-Access Bank

May 22, 2017/Access Bank Plc Click here to download Pre-MPC Communiqué PDF Report The Monetary Policy Committee (MPC) of the Central Bank of Nigeria will hold its two-day meeting on… Read more »

Monetary Policy Set To Remain On Hold – FBNQuest

Culled—Proshare May 22, 2017/FBN Capital Research The monetary policy committee (MPC) opens its latest meeting in Abuja today, and is due to announce its decisions tomorrow afternoon. We see an… Read more »

Naira increases gain, closes at 380/dollar

May 22, 2017/Punch Oyetunji Abioye The naira increased its recent gain on the parallel market on Sunday, closing at 380 per United States dollar. The local unit closed at 381/dollar… Read more »

Naira In Upswing…As CBN Targets Convergence

Culled–Proshare May 21, 2017/CBN With the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) meeting this week, the Naira continued its strong run against the United States… Read more »

S&P assigns ‘B/B’ ratings, stable outlook on UBA Plc; at par with the Nigerian Sovereign

May 21, 2017/InvestAdvocate International Rating Agency, Standard and Poor’s (S&P) assigned  its ‘B’ long term and ‘B’ short term global scale counterparty credit ratings to the United Bank for Africa… Read more »

Buhari’s Administration Unveils Ways to Drive New Executive Orders

May 21. 2017/Press Release *Ag President holds interactive session with a large cross section of public, civil servants this week The Buhari administration will drive the new executive orders signed… Read more »