Money Market

NAFEX, Parallel Market Rates in the outgone week

September 11, 2017/InvestmentOne Research Below the NGN/USD NAFEX opening and closing rates and the closing NGN/USD rate at the parallel market in the outgone week. 5-Sep-17 6-Sep-17 7-Sep-17 8-Sep-17 NAFEX Opening rate (NGN/USD) 360.47 359.96 358.97 359.66 NAFEX Closing rate (NGN/USD) 360.39 359.33 359.70 358.50 Parallel Closing rate (NGN/USD) 365.00 […]

At Finovate: ATM Innovation for Emergency Assistance and Merchant Rebates

September 8, 2017/Mastercard Dan Goodman The ATM machine turns 50 this year, but who says you can’t teach an old dog new tricks? At the FinovateFall 2017 conference on September 11 in New York City, I’ll be presenting an innovative mobile cash disbursement service that turns the classic cash dispenser […]

CBN Deploys Electronic Certification of Capital Importation to Enhance Transparent Process of Foreign Investment Flows

September 8, 2017/CBN In a bid to enhance transparency and efficient processing of foreign investment flows to the country, the Central Bank of Nigeria hereby informs the Authorised dealers and the public of the deployment of Electronic Ce1ificate of Capital Impo1ation (eCCI) platform. Accordingly, the eCCI shall replace the hard […]