By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Thursday said it will not focus on the naira reaching new record lows in the black market saying its insignificant in the determination of naira exchange rate, a Reuters report quoted Ibrahim Muazu spokesman for the CBN. The report says […]
Money Market
Naira Records New Low on Black Market, Trades N235/$1
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- The naira on Thursday reported a new record low as it traded N235 to a dollar on the parallel (black) market N1.50 down on the day, as dollar shortages persist, a Reuters report quoted a trader as saying. According to the report, Aminu […]
Access Bank Launches ‘PaywithCapture’ to Boost Payment Solution
Access Bank Plc has introduced a new multi-banking payment solution known as PaywithCapture. PayWithCapture, is a mobile payment solution that permits customers to make payments by scanning a merchant’s pre-generated QR-Code using the camera of their mobile device or via a one-step Beacon-NFC System. It can be linked with different […]
