Money Market

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 […]

Senate Passes Resolution Mandating CBN To Suspend Bank ATM Charges

Culled—Proshare October 17, 2018/Senate of the Federal Republic of Nigeria The Senate of the Federal republic of Nigeria today passed a resolution calling on the Central Bank of Nigeria (CBN) to suspend the ATM card maintenance charges being deducted from customers. This was a resolution taken  as part of a […]

Think Exponentially, Not Incrementally: How the Rules of the Game are Changing in Africa’s Banking Sector

October 17, 2018/Standard Chartered Bank by Sunil Kaushal, CEO, Africa & Middle East at Standard Chartered Bank An abundance of opportunities We are fortunate to witness a period of monumental progress in Africa. The changes are visible across all sectors. African start-ups have raised a record breaking $560 million in […]