Money Market

Lower Current-Account Surplus due to MCP

Culled—Proshare October 16, 2017/FBNQuest Research The balance of payments for Q2 2017 shows that the current-account surplus narrowed from the equivalent of 3.2% of GDP to 1.6%. The explanation lies in a decline in the trade surplus from 2.7% to 2.4% of GDP, along with a larger widening of the […]

FBN Merchant Bank Partners with NESG at the 23rd Nigerian Economic Summit

October 16. 2017/FBN Merchant Bank In line with our commitment to drive economic growth strategies and national development, FBN Merchant Bank, the merchant banking subsidiary of FBN Holdings Plc, participated and sponsored the 23rd Nigerian Economic Summit. The summit which held in Abuja from Tuesday October 10th to Thursday, 12th […]

Modex Says Borderless Social Payment Ecosystem in High Demand in Emerging, Frontier Markets

October 13, 2017/Moneymailme Following the Jamie Dimon’s strange rebuke of crypto currencies and Lloyd Blankfein’s ambiguous tweet about still making up his mind on the future of blockchain the enfant terrible. Modex, a smart contract marketplace based in London and Bucharest best known for its social money transfer app Moneymailme (www.Moneymail.me), […]