Money Market

Ecobank Customers Win Big In Western Union Mega Promo

September 12, 2017/Ecobank Nigeria Customers of Ecobank Nigeria have won mouthwatering prizes at the Western Union “Mega Promotion” for its patrons in Nigeria. At the raffle draws amongst customers of 13 banks in Lagos, A western Union customer Gloria Edafe Asedegbega who transacted at Ecobank Unity Road Branch won one […]

South Africa’s Standard Bank appoints Tshabalala as sole CEO

September 12, 2017/Reuters Standard Bank, Africa’s largest bank by assets, has appointed Sim Tshabalala as its first black chief executive after four years of sharing the role, the company said on Tuesday. South Africa’s financial sector, the economy’s largest, is often criticised by politicians for a perceived lack of transformation […]

CBN Reviews Daily Transaction, Balance Limits on Mobile Money Wallets

September 11, 2017/CBN In line with the initiative of the Bank to enhance access to financial services through the Mobile Money Services, the daily transaction limit and balance limit on mobile money wallets have been reviewed to afford users of Mobile Money Services, more flexibility in the use of mobile […]