Money Market

Foreign Reserves Remain Pressured

December 24, 2020/Proshare by CSL Research   Over the past few months, severe pressure has been mounting on the country’s foreign reserves in face of dwindling oil earnings and reduced capital inflows from risk averse foreign investors. The decline in oil prices was largely driven by weakened crude oil demand […]

The Apex Bank Slowed Down in the FX Sales at the IEFX Window

December 24, 2020/Proshare By Zedcrest Capital FGN Bonds Activities at the FGN bond space remained slow as yields continue to weaken D/D, with bids/offers widely dispersed on most of the benchmark maturities. The bears are getting desperate in the market, scrambling for any possible bids to offload their bonds. Offers […]

Access Bank brings Banking to the doorstep of Nigerians with over 50,000 Closa Agents

December 22, 2020/Access Bank Plc In its bid to continue driving and leading in Innovation by leveraging technology to deliver affordable and convenient banking services to the unbanked and underbanked segment of the society, Nigeria’s leading retail financial institution, Access bank Plc, has successfully commissioned and empowered over 50,000 Closa […]