Money Market

CBN Abolishes Multiple Exchange Rate Window, Collapses into IEFX Window; Unveils Cessation of RT200 Rebate Scheme

June 14, 2023/CBN The Central Bank of Nigeria (CBN) wishes to inform all authorized dealers and the general public of the following immediate changes to operations in the Nigerian Foreign Exchange (FX) Market: Abolishment of segmentation. All segments are now collapsed into the Investors and Exporters (I&E) window. Applications for medicals, […]

Visa Announces Launch of Africa Fintech Accelerator Program

New Visa initiative to support Africa’s Fintech start-ups and entrepreneurs, providing training, connections, technology, and investment opportunities for up to 40 fintechs each year June 14, 2023/Hill+Knowlton today announced the launch of the new Visa Africa Fintech Accelerator program to help enable Africa’s expanding start-up community through expertise, connections, technology, […]

Access Bank launches the first American Express® cards to be issued in Nigeria

June 9, 2023/Access Bank Plc Access Bank has launched two new consumer credit cards: the Access Bank American Express® Gold Card and the metal Platinum® Card. These are the first American Express Cards to be issued in Nigeria. By launching these Cards, Access Bank improves its overall offering to its […]