Mon Jun 15, 2015/Reuters The Kenyan shilling was little changed on Monday and traders said they expected it to get a boost from foreign investor dollar flows into Treasury bonds due to be auctioned later this month. At 0654 GMT, commercial banks quoted the shilling at 97.25/35 to the dollar, […]
Money Market
South Africa’s rand weakens; focus on Greece, Fed
Mon Jun 15, 2015/Reuters South Africa’s rand weakened against the dollar early on Monday as demand for riskier assets waned after the latest talks aimed at ending Greece’s debt crisis ended without a resolution. At 0615 GMT the rand was trading 0.46 percent weaker at 12.4350 to the dollar compared […]
E-Payment: CBN Direct Banks to Establish Fraud Desk by July ‘01
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) last Friday directed Deposit Money Banks (DMBs) in Nigeria to establish and maintain dedicated fraud desks in order to check and reduce electronic payment fraud in the industry effective from July 1, 2015. The CBN in a circular with […]
