Money market
Fed adds longer-term cash to U.S. banking system
The Federal Reserve on Tuesday injected longer-term cash into the U.S. banking system in an effort to meet the funding…
EcobankPay hits N2bn transactions value, as 100,000 merchants onboarded
Ecobank Nigeria says over 100,000 merchants have been onboarded on the EcobankPay platform with transaction value reaching N2billion. EcobankPay offers…
Kuda secures $1.6m pre-seed funding to start a first online retail banking in Nigeria
Kenneth Afor with agency report Kuda, Nigeria’s only online retail bank has secured pre-seed funding of $1.6 million to commence…
CBN injects $210m into forex market
The Central Bank of Nigeria (CBN) has injected 210 million U.S. dollars into the interbank segment of the foreign exchange…
CBN’s business expectations report predicts stable naira
The naira is tipped to appreciate this month, next month and within the next 12 months, a business expectations report…
Investors sustain appetite for FGN bonds
In spite of the prevailing tight liquidity experienced in the financial market, investors have continued to show strong appetite for…
