October 18, 2018/Absa We live in an increasingly digital and inter-connected world, driven in large part by a collective reliance on mobile phone technology. In South Africa, 38 million of us are mobile users. That is over half the country: 67 percent if we want to be precise. Today, Absa […]
Money Market
CBN Proposes New Licensing Regime for All Categories of Payment Service Providers, FinTech Companies
Culled—Proshare October 18, 2018/CBN Financial Technology companies (FinTechs) have been evolving with innovative products which are gaining acceptance within the country and banks have been collaborating with these technology companies, in order to remain competitive in the financial services ecosystem. The emergence of Financial Technology Companies (FinTechs) in the financial […]
Naira Up to N363.92/$ in I&E Window
18/10/2018/Vanguard By Elizabeth Adegbesan The Naira, yesterday, appreciated to N363.96 per dollar in the Investors and Exporters (I&E) window even as the volume of dollars traded rose by 60 percent. Naira Data from FMDQ showed that the indicative exchange rate for the window dropped to N363.96 per dollar yesterday from […]
