July 14, 2022/Mastercard According to Mastercard SpendingPulseTM, which measures in-store and online retail sales across all forms of payment. Canadian consumer retail spending excluding automotive increased +5.7% year-over-year (YOY)* in June, indicating consistent growth compared to May. In-store spending was up +9.0% YOY in June. As consumers returned to in-person […]
Money Market
Access Bank Plans International Expansion Through London
July 12, 2022/The African Report By Aurélie M’Bida, Kanika Saigal The Africa Report is reporting that Nigeria’s Access Bank Group, led by Herbert Wigwe, is accelerating its international growth programme with plans to establish a subsidiary in France before the end of the year, according to a report from Africa […]
CBN Releases Exposure Draft on the Digital Financial Services Awareness Guidelines
July 11, 2022/CBN 1. Introductory statement The Central Bank of Nigeria has developed the Digital Financial Services Awareness Guidelines to address gaps in consumer knowledge and practices with Digital financial Services (DFS). DFS have the potential to expand access to financial services for the Nigerian population and spur innovation in […]
