Money Market

Zenith Bank Introduces Pounds Sterling and Euro Visa Debit Cards

Culled—Proshare April 10, 2018/Zenith Bank  Foremost Nigerian financial institution Zenith Bank Plc is enhancing the ability of its customers to perform international transactions with the introduction of the Zenith Bank British Pounds and Euro Visa Debit Cards. The cards are designed to provide customers with more spend flexibility by enabling […]

Has the Naira-settled OTC FX Futures helped in Stabilizing the Naira Exchange Rate?

Culled—Proshare April 10, 2018//Quantitative Financial Analytics Ltd  To stem the continued devaluation of the Naira and to breath some air of stability into the ever-volatile Naira/Dollar relationship, the Central Bank of Nigeria, CBN, introduced some far-reaching measures at different times. One of such measures was the launching of the Naira-settled […]

Oradian to Fast-track CBN’s 80% Financial Inclusion Target

Culled—Proshare April 9, 2018/New Telegraph A new revolution is brewing in the Nigerian banking industry as Oradian, a financial inclusion company, is set to deploy its cloud-based Core Banking System (CBS) Instafin, which allows financial institutions to grow and reach more clients with digital financial services. The company, according to […]