Money Market

Unimpressive Growth in Mobile Payments

Culled—Proshare 9/11/2018/FBNQuest Research                                                                                            Data from the CBN’s recently released H1 2018 report reveal that a total volume of 596 million transactions was recorded on electronic payment channels in the first half of this year, compared with 462 million in the same period of 2017. As expected, ATM transactions dominated with […]

Is ETI The Only Bank Using CBN Rates To Convert Its USD Results Into NGN and Vice Versa?

Culled—Proshare 9/11/2018 OpEd By Esiri Giwa, Proshare Research One of the stated objectives of IFRS is comparability, i.e. QC20 Users’ decisions involve choosing between alternatives, for example, selling or holding an investment, or investing in one reporting entity or another. Consequently, information about a reporting entity is more useful if […]

Nigeria is a Leading Country in the Fintech Space – AdeRemi Atanda

November 10, 2018/CFJ Nigeria has been described as a leading country in the Financial Technology (Fintech) space in the world. Executive Director, Systemspecs Limited, Mr. AdeRemi Atanda, stated this recently at the Centre for Financial Journalism (CFJ)-Association of Corporate Affairs of Managers of Banks’ (ACAMB) Business Forum held in Lagos. […]