October 21, 2019/Mastercard Mastercard on Sunday unveiled Payment on Delivery, a new solution allowing businesses to pay a supplier in real-time when receiving goods or services. The company is piloting the program with PNC Bank, which leverages the RTP® network from The Clearing House for real-time payments clearing and settlement […]
Money Market
CBN Unveils 2018 Financial Stability Report
October 18, 2019/CBN Global output growth declined to 3.70 per cent in 2018 from 3.80 per cent achieved in 2017, largely underpinned by dwindling consumer demand, decline in oil prices and weak financial markets. Global inflation trended upward, owing mainly to the pass-through effect of currency depreciation, especially for most […]
Yet Again! Another Directive From The CBN
Culled—Proshare October 18, 2019 By CSL Research Yesterday, banks across the country were given a directive from the Central Bank of Nigeria to cancel any customer requests for purchase of Treasury Bills at Primary or OMO auctions, if such customers are borrowing customers of such banks or those of other […]
