Money Market

CBN warns financial institutions against exploiting customers

20/10/2017/Punch Sodiq Oyeleke  The Central Bank of Nigeria has asked operators of microfinance banks and other financial institutions in the country not to engage in exploitative activities. The CBN said this could be achieved by obtaining necessary certifications before commencing operations. The Head of Consumer Protection Department, CBN, Umma Dutse, […]

Mastercard and The Clearing House Partner on Tokenization Solution

October 19, 2017/Mastercard Today, The Clearing House (TCH) and Mastercard announced they are partnering to enable TCH to provision and manage Mastercard-branded tokens on behalf of banks. The partnership with Mastercard establishes TCH as one of the first Mastercard-certified third-party Token Service Providers to enter the US market, and enables […]

The rise of cryptocurrencies – an overview

Culled–Proshare October 19, 2017/International Law Office Blockchain technology has the potential to become as important as the Internet and its effects could be revolutionary. Conversely, cryptocurrencies are seen as disruptive by many market players. While the number of holders of cryptocurrencies has been increasing, the growth of this new field […]