Money Market

UAE bank NBAD targets Africa, Asia for wealth management growth

Sun Apr 12, 2015/Reuters National Bank of Abu Dhabi is seeking to expand its wealth management business in Africa and Asia, as it looks to maintain strong growth at a time when its home region is being impacted by political and economic uncertainty. The largest lender by assets in the […]

WEF, Dangote Foundation promote economic growth in Africa

The World Economic Forum and Dangote Foundation have collaborated to boost capacity-building and economic growth across Africa. As a result, the Dangote Foundation said 13 out of the 17 Africans recognised as the Young Global Leaders in 2015 by the WEF would benefit from Dangote Fellowship, a programme instituted by […]

Nigeria to Limit Debit Card Spending abroad to Boost Naira

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- The Central Bank Nigeria (CBN) says it plans to limit the amount commercial bank customers can spend using their debits cards while abroad, a Reuters report quoted an industry group on Friday. This is coming on the heels of latest crackdown on dollar demand […]