Money Market

Aleda Says Orange Money users in France Now to Transfer Funds via Mobile Phone to Customers in Ivory Coast, Mali, Senegal

June 21, 2016/Aleda SAS Aleda, a French company specialising in paperless payment solutions and money transfers, has established itself as a key player in the sector with the recent launch of Orange Money. The Orange Money mobile payment solution launched in France on the 15th of June thanks to the […]

Heritage Bank Shortlists over 1500 for CBN’s N3 Billion Youth Entrepreneurship Initiative

June 15, 2016/Heritage Bank Heritage Bank’s partnership with the Central Bank of Nigeria (CBN)in the N3billion Youth Innovative Entrepreneurship Development Programme (YIEDP) to empower young graduates has kicked into its second phase with the invitation of over 1500 applicants for a training workshop this week. Following the inauguration of the […]

CBN Committee Introduces Flexible Interbank Foreign Exchange Market

June 15, 2016/Cordros Research In response to one of the commitments of the last MPC meeting, the Committee of the CBN today, highlighted the followings regarding the “much awaited” introduction of the flexible foreign exchange market. Key Notes Market shall operate as a single market structure via the interbank market […]