Press Release/ Union Bank of Nigeria Plc LAGOS- March 05, 2015- Union Bank of Nigeria Plc has emerged the financial industry’s “Cashless POS Activation Champion”, in the MasterCard Cashless Champion Awards for 2014. Union Bank received the award for recording the highest increase in the activation of its Point of […]
Money Market
Citi and MasterCard Sign New Global Agreement That Expands Relationship
March 04, 2015/MasterCard Citi to Align Majority of Consumer Proprietary Credit and Debit Portfolios to MasterCard Citigroup (NYSE: C) and MasterCard (NYSE: MA) announced today that the companies have signed a new and expanded 10-year agreement. Citi will begin aligning the company’s consumer proprietary credit and debit portfolios to the […]
Exclusive: Nigeria’s central bank fixes spread on dollar sales by oil firms
Thu Mar 5, 2015/Reuters Nigeria’s central bank has fixed the rate at which banks can buy dollars from oil companies at not more than 2 naira spread to its clearing rate, dealers said, its latest attempt to prop up the currency hit by the drop in oil prices. The naira […]

