Money Market Subscribe to Money Market

As Western lenders retreat, African banks see an opportunity

Their pan-continental plans have not paid off. Yet 14/6/2018/The Economist ADE AYEYEMI’S office in Lomé, the capital of Togo, is a good place to think about crossing borders. Ghana is… Read more »

Heritage Bank committed to innovative banking services

June 18, 2018/Heritage Bank Limited Heritage Bank Plc, Nigeria’s Most Innovative Banking Services Provider; has said it is committed to innovative banking services through its transparent MasterCard. Head of Corporate… Read more »

Ecobank Announces Retirement of Dolika Banda from its Board

12/6/2018/Ecobank Ecobank Transnational Incorporated, (ETI) (, the Lomé, Togo -based parent company of the Ecobank Group, announces the departure of Ms Dolika Banda from its Board of directors.  Ms. Dolika… Read more »

Ecobank Shines At 2018 Digital Pay Expo; Wins Two Prestigious Awards

June 8, 2018/Ecobank Ecobank Nigeria has emerged winner in two award categories, ePayment and Partnership at the just concluded Digital Pay Expo in Lagos. Digital PayExpo is an event which… Read more »

CBN Direct Banks to Update CRMS Not Later Than Eighth Day After Month End

June 7, 2018/CBN The CBN Circular Ref: FPR/DIR/GEN/CRM/06/012 (dated February 27 2017), on Regulatory Guidelines for the Redesigned Credit Risk Management System for Commercial, Merchant and Non-Interest Banks in Nigeria’… Read more »

CBN Unveils Regulations for Transaction with Authorized Dealers in Renminbi

June 7, 2018/CBN Background and Introduction In line with the statutory mandate of the Central Bank of Nigeria (CBN) as set out in the Central Bank of Nigeria Act, 2007,… Read more »

Ecobank showcases Bouquet of Digital Products at Pay Expo 2018

5/6/2018/Ecobank Nigeria Ecobank Nigeria, a member of the leading Pan African Banking Group, Ecobank Transnational Incorporated is showcasing a bouquet of Digital Products at the Digital Pay Expo 2018 that… Read more »

FirstBank Partners WorldRemit on Digital Transfer to Nigeria

June 6, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-First Bank of Nigeria Limited and leading online international money transfer services firm, WorldRemit has partnered for instant money transfers directly to FirstBank accounts… Read more »

Naira Appreciates 0.09% to N360.78 in Investors and Exporters Window

June 5, 2018 By  InvestAdvocate Lagos (INVESTADVOCATE)-The naira on Tuesday appreciated by 0.09 percent to N360.78 in the Investors and Exporters Window (IEW) and climbed up 0.28 percent to N362.78… Read more »

Forex: CBN Okays Wider Margin for BDCs

  …Offers $100m to wholesale segment; …Invisibles, SMEs windows get $55 m each  Culled—Proshare 4/6/2018/CBN The Central Bank of Nigeria (CBN) has approved an upward review of the trading margin… Read more »