Business News

The Power of Remittances to Transform Inclusion

21/9/2016/MasterCard Daniel Lanre Monehin | September 21, 2016 In our meeting earlier this year with the president of the African Development Bank, the number one topic on his agenda was remittances.  The impact of remittance on the economies of Africa is large. 20 – 30 million African immigrants send approximately […]

Guinness Nigeria gets Diageo loan to help with currency shortages

September 21, 2016/Reuters Guinness Nigeria said on Wednesday that it had received a $95 million loan from parent Diageo to help it cope with dollar shortages in the West African country caused by a slump in crude prices. Chief finance officer Ronald Plumridge said the company’s currency needs were much […]

Mastercard Unveils New Travel Experience for Affluent Cardholders around the Globe

September 21, 2016/MasterCard Julia Monti Over the past several years, research overwhelmingly indicates that affluent consumers have a deep desire to travel as a family and make memories for a lifetime. In response, Mastercard has begun to roll out a number of new features that deliver cardholders more rewarding and […]