Money Market

Naira Depreciates 1.80%, Trades N226.50/$1 in Black Market

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian naira on Wednesday depreciated 1.80 percent as it traded N226.50 to a dollar in the parallel market compared to N222.50 exchanged the previous day, Proshare’s daily exchange monitor said. Also, the Nigerian local currency traded against the pounds sterling and euro at […]

Financial inclusion: FG appoints Bangladeshi firm as adviser

The Federal Government has announced the appointment of a Bangladeshi firm, International Investment Facilitation Company, as advisor on a project that will transform the Nigerian Postal Service into a financial services provider. The Minister of Communication Technology, Dr. Omobola Johnson, made the announcement at the signing of a Memorandum of […]

Access Bank Reiterates Commitment to Financial Literacy

Press Release March 17, 2015/Access Bank Plc Access Bank, a leading African financial institution, has reiterated its commitment to encouraging financial literacy amongst Nigerian youths. Speaking at a session which held at the Greensprings School, Anthony Campus, Lagos on Wednesday, March 11, 2015 in commemoration of the 2015 Global Money […]