Jan 1, 2015/Bloomberg Nigerian President Goodluck Jonathan said the West African nation will keep its currency strong and its economy stable in 2015 as it seeks to boost investor confidence following a downturn in oil prices. The government will “take away speculative behaviors’ and maintain ‘‘healthy’’ external reserves to ‘‘ensure […]
Money Market
Euro Weakens to 2010 Low on Draghi as Stocks Climb With Dollar
Jan 2, 2015/Bloomberg The euro weakened to a 4 1/2 year low, bond yields from Italy to Spain fell to records and stocks rose amid speculation the European Central Bank will boost stimulus. U.S. index futures gained with the dollar. The euro lost 0.4 percent at 8:05 a.m. in London, […]
First Bank Partner Etisalat to Promote Mobile Money
Press Release Dec 31, 2014/FBNH In recognition of continued efforts to drive financial inclusion, lead innovation in mobile payment systems and support the CBN cash-less policy, First Bank of Nigeria Limited and Etisalat Nigeria have partnered to make mobile payments more accessible and secure. The partnership which involves FirstBank’s Firstmonie […]
