Central bank conducts first auction of renminbi on Friday Nigeria signed $2.4 billion currency swap with China in May July 20, 2018/Bloomberg By Emele Onu and Paul Wallace The Central Bank of Nigeria sold yuan for the first time as it looks to boost commerce between China and Africa’s […]
Money Market
ETI Says H1 2018 Post-Tax Profit Up 36.6% to N51.5 Billion
July 19, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Pan-African lender, Ecobank Transnational Incorporated (ETI) on Thursday said its profit after tax for the Half-Year (H1) period ended June 30, 2018 grew 36.6 percent to N51.55 billion from N37.73 billion recorded a year ago. Pretax profit of the pan-African lender, also appreciated 40.8 percent […]
Mastercard is First Payments Player to Receive Approval for Science-Based Emissions Target
Commits to 20 Percent Reduction in Greenhouse Gas Emissions by 2025 July 19, 2018/Mastercard Mastercard announced today that its plans to reduce greenhouse gas emissions by 20 percent have been approved by the Science Based Targets initiative (SBTi), making it the first payments industry company to achieve this recognition. […]
