Culled—Proshare October 23, 2017/CBN The Central Bank of Nigeria (CBN) on Monday, October 23, 2017, injected the sum of $195million into the inter-bank Foreign Exchange Market. Figures obtained from the Bank indicate that the CBN offered $100million to authorized dealers in the wholesale segment of the market, while the Small […]
Money Market
Bank Customers Without BVN Risk Losing Accounts As FG Obtains Court Order
By Olalekan Yinus – October 21, 2017/The Will The Federal Government has secured an interim forfeiture order from Federal High Court which would now allow it to freeze the accounts of bank customers in Nigeria who have no Bank Verification Number, BVN. The order obtained before Justice Nnamdi Dimgba of […]
Mastercard Opens-Up Access to Blockchain API for Partner Banks and Merchants
October 20, 2017/Mastercard Today Mastercard announced that it will be opening up access to its blockchain technology via its API published on Mastercard Developers. Mastercard’s blockchain solution provides a new way for consumers, businesses and banks to transact and is key to the company’s strategy to provide payment solutions that […]
