A group of startups are giving loans in exchange for cryptocurrency collateral, plus interest, so people can access their crypto wealth without cashing out. 15/2/2018/Inc By Will Yakowicz, Staff writer, Inc Cryptocurrency die-hards face a dilemma: true believers never want to cash out, but what’s the benefit of amassing all this wealth […]
Money Market
Fintech in Africa to grow from around $200 million currently to $3 billion by 2020-Ecobank
February 15, 2018 By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Fintech in Africa is predicted to grow from $200 million to $3 billion by 2020 as millions more people in Africa now have access to financial systems thanks to cashless systems using digital technology, and more and more people are seeing […]
Nigerian Banks Plan Market-Based Reporting of FC Exposure
February 15, 2018/Fitch Ratings Nigerian banks’ move to a more market-based presentation of foreign-currency (FC) assets, liabilities and profit-and-loss items is likely to come into focus when they publish their 2017 results in the coming weeks, Fitch Ratings says. Financial statements with FC items translated more in line with market […]
