…Gives Customers Freedom to Shop Across Devices, Channels 6/5/2018/UBA Plc Pan African Financial institution, United Bank for Africa (UBA) has again disrupted the e-payment space with the introduction of Master Pass ‘Quick Response’ (QR) Bot. The revolutionary solution enables the micro, small and medium enterprises (MSMEs) in Nigeria and across […]
Money Market
CBN Injects $349.34m into Retail SMIS
Culled—Proshare May 4, 2018/CBN The Central Bank of Nigeria (CBN), in its last intervention for the week, has injected the total sum of $349.34 million in the Retail Secondary Market Intervention Sales (SMIS) segment of the Forex market. Figures obtained from the CBN on Friday, May 4, 2018, indicated that […]
FBN, Stanbic, StanChart, Zenith Appointed Settlement Banks for Naira/RMB Currency Swap
May 4, 2018/Thisday Deal valid for three years, renewable Obinna Chima First Bank of Nigeria Limited, Stanbic IBTC, Standard Chartered Bank (SCB) and Zenith Bank Plc have been appointed the settlement banks for the $2.5 billion bilateral currency swap agreed between the Central Bank of Nigeria (CBN) and the People’s […]
