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MONEY MARKET

National financial inclusion strategy lauch timely-CBN

The Central Bank of Nigeria said it is committed to the enhancing the financial inclusion initiative for the country, with the launching of the National Financial Inclusion Strategy.

Africa economies on track despite global financial crisis-AfDb

The African Development Bank has said African countries have made great strides in growing their economies despite the global financial crisis during an official visit to Lusaka, Zambia, on December 19. 

UBA lowers fees for festive season

To drive the Cashless initiative and provide value added services to customers, during the festive season, United Bank for Africa (UBA) Plc, Africa’s global bank, has removed access fees for all electronic channels and lowered transaction fees for its range of electronic products (e-products) and services.

Fitch Approves Of Absa, Barclays deal

• L-R:Group Head, Business Development, Unified Payment Services Limited, Miriam Imevbore;  Country Manager, West Africa, MasterCard Worldwide, Omokehinde Ojomuyide; and Head of Department,  Card Services, Unified Payments Service, Ben Edafiadjebre, after the signing ceremony between Unified Payments and MasterCard on the launch of Unified Payments Go-Live on MasterCard Third Party Processing in Lagos.Global credit rating agency Fitch, has given thumbs up to the blending of Absa and Barclays’ African assets, saying this could improve efficiencies.

IFC to help financial institutions, regulators build partnerships on sustainable banking

The International Finance Corporation (IFC)The International Finance Corporation (IFC), a member of the World Bank Group, is helping banks and other financial stakeholders from nearly 30 countries promote sustainable banking through  knowledge sharing on emerging trends in sustainability and good management of environmental and social risks.

Standard Chartered Bank unveils World’s biggest AIDS ribbon at Anfield

Standard Chartered Bank unveiled World’s biggest AIDS ribbon during a soccer game involving Liverpool FC and Southampton FC,  at Anfield, UK to  mark World AIDS Day 2012  on 28th November 2012.