18/7/2016/Thisday Following the pressure mounted by the financial markets and analysts on the Central Bank of Nigeria (CBN) to allow the naira to be truly market determined so as to attract offshore investors who have continued to remain on the sidelines, the CBN has finally freed the nation’s currency so […]
Money Market
Nigeria naira hits new low, cbank moves in to boost liquidity
July 15, 2016/Reuters Nigeria’s naira tumbled 4.3 percent to another record low against the dollar on Friday as the central sold dollars to try and boost liquidity on the interbank market, traders said. The naira hit 295.25 in thin trade, a month after the central bank caved in to months […]
Zenith Bank Launches Eazybanking solution
July 15, 2016/Zenith Bank Plc Culled—–Proshare Zenith Bank Plc has launched a new mobile banking solution to make banking simpler and interesting. The bank’s *966# Eazybanking solution, which was recently launched into the Nigerian market, will complement the effort of the Central Bank of Nigeria (CBN) to build a cashless […]
