By Abdulquddus OKELE InvestAdvocate Lagos (INVESTADVOCATE)-the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday maintained status quo at the end of its meeting. At the end of the meeting the following resolutions were passed by the MPC:                           ·         Retain the Monetary Policy Rate (MPR) at […]

Culled—Proshare November 20, 2017/CBN  As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) commenced its last meeting for 2017, the Bank on Monday, November 20, 2017, intervened in the inter-bank Foreign Exchange Market to the tune of $210,000,000. Figures obtained from the Bank reveal that the […]

November 20, 2017/Ecobank Nigeria November 17, 2017 – Ecobank Nigeria has announced a one (1%) percent fee on all Rapid Transfer payments via the Ecobank Mobile app from now through December 31, 2017. This promotion is designed to support citizens who have need to send money to love ones across […]