September 5, 2017/First Bank of Nigeria Ltd First Bank of Nigeria Limited in partnership with Visa has introduced the Mobile Payments Solution – mVisa. This mobile solution allows customers pay for goods and services by scanning a QR code using the FirstMobile App on their smart phones. Payment goes straight […]
Money Market
South Africa – Zar – Rally Nearing Its End
Culled—Proshare September 4, 2017/BMI BMI View: The South African rand’s multi-quarter rally is likely nearing an end, in the face of cooling market sentiment towards EM FX and a gradual shift towards monetary easing in South Africa. Over the long term, structurally high inflation and tepid growth look poised to […]
H1 2017: Customer resistance, other factors cost 5 banks N363bn decline in deposits
September 4, 2017/Vanguard By Babajide Komolafe The top five banks in the country recorded N363 billion decline in customers’ deposit in the first half of 2017, H1’17, reflecting their inability to meet up with demand for higher interest rate by customers. The banks are Access Bank, First Bank, Guaranty Trust […]
