Culled—Proshare March 7, 2018/Wema Bank ALAT, Nigeria’s only fully digital bank, has released two exciting new features: quick short-term loans and a virtual dollar card for paying online internationally. ALAT Loans are accessible to all ALAT customers through the bank’s Android and iOS apps. The ALAT Virtual Dollar Card is […]
Money Market
Naira Strengthen Against Dollar in the Inter-Bank, Trades N360.45/$1
March 6, 2018/Cordros Report EQUITIES Bullish sentiments persisted in the equities market, with the ASI closing higher by 0.22% to 43, 609.77 points, following sustained demands for major stocks. Accordingly, the Month-to-Date and Year-to-Date returns improved to 0.64% and 14.03% respectively. The Oil & Gas (+1.44%) index recorded the largest […]
CBN Boosts Forex Market With $210m
Culled—Proshare March 6, 2018/CBN The Central Bank of Nigeria (CBN) on Tuesday, March 6, 2018 gave a boost of $210 million to the interbank foreign exchange market. According to figures released by the Bank, the CBN offered $100 million to authorized dealers in the wholesale segment of the market, while […]
