Culled—Proshare February 22, 2019/CBN The Central Bank of Nigeria (CBN) on Friday, February 22, 2019, made an intervention of $268.4million in the retail Secondary Market Intervention Sales (SMIS) and CNY 46.3million in the spot and short tenored forwards segment of the inter-bank foreign market. This was disclosed by the Director, Corporate Communications […]
Money Market
FirstBank Rewards Customers with Cardless Financial Transactions
February 22, 2019/FirstBank Nigeria FirstBank, Nigeria’s premier financial institution, has announced its ongoing Visa on mobile (QR) payment promo to reward customers with various discounts for using the QR payment on the FirstMobile App while carrying out transactions with select partner merchants. The promo is billed to end on 28 […]
JPMorgan Chase Unveils the First Digital Coin by a Bank
Culled—proshare 21/2/2019/Content & Image by Meristem On the 14th of February 2019, JP Morgan Chase, world’s no 1 investment bank, with an asset size of c.USD2.6trn, became the first bank to create and successfully test a digital coin which will be backed by a fiat currency. The digital coin, according […]
