Culled—Punch March 13, 2020 …CBN fines 100 BDCs over N5m each Nike Popoola On Thursday, the naira exchanged between N405 and N420 to a dollar in the Bureau De Change segment of the market. The President, Association of Bureaux De Change Operators of Nigeria, Aminu Gwadabe, said the crude oil […]
Money Market
Orange launches Orange Money in Morocco, confirms position as major player in mobile money in Africa, Middle East
March 10, 2020/Orange – After securing approval last summer from the “Bank Al Maghrib”, Orange Morocco announces today the launch of Orange Money in the kingdom. This service will allow Moroccans to make mobile payments and transfer money using their phones. Morocco also becomes the 18th country in the Africa […]
Unity Bank Introduces USSD in Nigerian Languages
March 9, 2020/Unity Bank Plc Unity Bank Plc has launched an Unstructured Supplementary Service Data, USSD banking in Nigeria’s three major languages – Yoruba, Hausa and Igbo. This makes Unity Bank the first Nigerian commercial bank to offer USSD in a local language. USSD transactions have gained traction over the […]
