Money Market

China’s Shadow Banking Sector to Shrink Further in 2019-Fitch

February 15, 2019/Fitch Ratings China’s shadow financing is likely to decline for a second year consecutive year in 2019, albeit more gradually than in 2018, as the authorities balance reining in excessive leverage and supporting economic growth, says Fitch Ratings. The regulatory crackdown on shadow banking should, if maintained, support […]

CBN Holds Off on OMO Sale as Funding Rates Moderate

Culled—Proshare February 12, 2019/Zedcrest Capital ***Oil Jumps As Saudis Plan Further Production Cuts*** KEY INDICATORS Indicator Value Commentary Inflation 11.44% As at January 16, 2019. A c.16bps increase from 11.28% recorded in November 2018 MPR 14.00% Left Unchanged for the 15th Consecutive Time at the Jan. 22, 2019 MPC Meeting […]

Ecobank Assures Customers of a Memorable Valentine

February 12, 2019/Ecobank Nigeria Ecobank Nigeria has stated that its innovative digital products are available to make this Valentine season an exciting one for its customers.  The bank’s customers are being offered mouth-watering  deals and offers when they pay with EcobankPay at designated merchant locations in Aba, Lagos, Abuja, Port […]