Money Market

CBN Introduces Account Options for Non-Resident Nigerians to Boost Investments

January 10, 2025 By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Friday introduced the the Non-Resident Nigerian Ordinary Account (NRNOA) and the Non-Resident Nigerian Investment Account designed to facilitate remittances, financial management, and investments for Non-Resident Nigerians (NRNs). The NRNOA enables Non-Resident Nigerians to remit their foreign earnings […]

FirstBank Set for Ethiopia, Angola, Cameroon Expansion

January 9, 2025/FirstBank of Nigeria Building on its long-standing presence in sub-Saharan Africa, First Bank of Nigeria Limited is gearing up for its next growth phase as financial systems across the continent open up to new opportunities.   More than a decade after an acquisition spree that boosted its footprint […]

Banking: A Booming Continent Needs a New Payment Infrastructure

Africa’s exploding population presents huge growth opportunities; A world-class digital payments ecosystem will be fundamental to that, write Moment CEO Joel Yarbrough and MultiChoice Africa Group Executive Head Delivery & Operations Craig Coetzer January 9, 2025/MultiChoice Africa is an exciting, vibrant and creative place to do business. But make no […]