The naira declined against the United States dollar on the inter-bank market, reaching a two-month low and capping the worst week in 12, as foreign inflows and oil company foreign-exchange sales were said to be limited. The local currency retreated 0.3 per cent to N158.525 a dollar, the lowest closing […]
World News
Lagos records 76% cash-less business transactions –Survey
A total of 76 per cent of business transactions in Lagos is done using cash-less facilities provided by the Central Bank of Nigeria, a survey by the Lagos Chamber of Commerce and Industry has revealed. The survey, which was contained in the Cash-less Lagos Report made available to our correspondent […]
Mobile money will improve living standards –Visa
A survey by Visa Incorporated, a global payment technology company, has stressed the importance of financial inclusion, saying that it will help improve the quality of life of people. The firm, which stated this in its mobile money research, pointed out that financial inclusion would make financial transactions safer, convenient […]
