Money Market

dLocal Enables Payments from Verve Cards and Tokens for Global Merchants

October 28, 2020/Mediacraft Verve, a leading payments technology company and card scheme in Africa, on Wednesday, October 28, 2020 announced a partnership with dLocal, the leading cross-border payment platform connecting global merchants to emerging markets, enabling the company add Verve’s 47 million cards and tokens on its payment platform. With […]

FX Inflows Mostly Autonomous

Culled—Proshare October 27, 2020 by FBNQuest Research   Our chart captures monthly fx inflows through the economy in the three years to June 2020. It shows movements through the CBN and through other (autonomous) parties, and will be repeated for fx outflows in a future daily note. Drilling down allows […]

CBN Releases Advisory on COVID-19 Related Financial Crimes

October 21, 2020/CBN Changes in the trends of business activities and financial transactions precipitated by COVID-19 pandemic inadvertently led to increase in financial crimes globally. This therefore requires financial institutions to adapt rapidly and keep abreast with emerging risks and other developments while taking proactive steps to address the new […]