Money Market

It’s App, Tap and Go at ATMs Thanks to Mastercard and Diebold Nixdorf

June 4, 2018/Mastercard By Dan Goodman You know the routine: phone, wallet, keys – check! And out the door! But what if you stopped to give that routine a second thought? To challenge the status quo? That’s exactly what my team and I do every day. Most of us know […]

CBN Extends Implementation of the Regulatory Framework for USSD to October 1, 2018

June 1, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Friday extended the the implementation of the Regulatory Framework for the use of Unstructured Supplementary Service Data (USSD) in the Nigerian Financial System, from June 1, 2018 to October 1, 2018, This is contained in a circular referenced […]

CBN Direct Banks to Pledge N1.0 Billion Govt Securities for OTC Trade Settlement

May 31, 2018 By Abdulquddus OKELE InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Thursday directed all Deposit Money Banks (DMBs) with effect from Friday June 1, 2018 to pledge collateral of N1.0 billion worth of Government/CBN Securities for Over-the-Counter (OTC) Trade Settlement in its effort to enhance efficiency […]