By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Friday sold dollars to stop the naira’s decline to a record low after JPMorgan Chase & Co. said the debt of the country may be cut from its local-currency emerging-market indexes; according to a Bloomberg report. According to the New-York […]
Money Market
Diamond Bank Names Chris Ogbechie New Chairman
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender Diamond Bank Plc on Wednesday said it has appointed Chris Ogbechie a non-executive director as new chairman of its board, according to a notice from the bank to the Nigerian Stock Exchange. This is coming on the heels of the board meeting of the […]
First Mobile Money Solution Launches in Peru
January 14, 2015/MasterCard MasterCard and Movistar announced the launch of “Tu Dinero Movil“ (Your Mobile Money), the first mobile money service in Peru. This solution was developed by both companies to enable financial inclusion for the more than 16 million Movistar users across country. Customers will be able to access […]

