Money Market

FirstBank Wins 2019 Oil & Gas Banker Award

February 28, 2020/FirstBank of Nigeria First Bank of Nigeria Limited was recently presented with the Oil and Gas Banker of Year 2019 award at the Patrons’ Dinner and Industry Awards of the Nigeria International Petroleum Summit held recently at Transcorp Hilton, Abuja. The four-day event, comprising conference and award dinner, […]

Access Bank Named among Top 500 Global Banking Brands

February 28, 2020/Access Bank Plc Nigeria’s largest retail Bank, Access Bank Plc., has been named as one of the top 500 global banking brands, according to leading business valuation and strategy consultancy, Brand Finance.  Access Bank has demonstrated growth since it was last ranked as the fifth most valuable Nigerian […]

Bank’s Lending Rates Decline Albeit Slower Than Expected

Culled—Proshare February 25, 2020 By CSL Research  The Central Bank of Nigeria quarterly economic report for Q4 2019 presented an opportunity to evaluate the impact of the apex bank’s regulations on the direction of official DMB’s lending and borrowing rates. Based on the report, Prime Lending Rate and the Maximum […]