Money Market

Rates Held but Questions Posed to Banks

May 23, 2019/Coronation Report The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its Monetary Policy Rate (MPR) 13.50% at the conclusion of its meeting on Tuesday. Recently re-appointed CBN Governor Godwin Emefiele caused a stir by stating that banks might be discouraged from holding government […]

Mastercard and Interac Collaborate to give Canadians a Fast, Simple and Secure Way to Send Money Globally

National Bank will be the first bank to pilot the new international remittance solution May 23, 2019/Mastercard Mastercard and Interac, two trusted global and domestic payment networks, today announced a collaboration to offer Canadians a fast, simple and secure way to send money internationally.  By leveraging Mastercard Send, a push-payments […]

Wari Enables Customers to Request its Financial Services on WhatsApp

May 22, 2019/Wari Group More than 1-billion people in over 180 countries use WhatsApp to stay in touch with friends and family, anytime and anywhere. It is this very reason that has driven Wari (www.Wari.com) to integrate with the WhatsApp Business solution to enable customers – through strategic partnerships – to request […]