Money Market

Unbanked Nigerians reduce, as Heritage Bank targets 1, 000 agent banking partner in 2017

August 1, 2017/Heritage Bank Ltd Heritage Bank Plc, has taken aggressive approach to support the Central Bank of Nigeria’s initiative to curb the unbanked Nigerians in the rural areas by 20 percent by 2020, thereby offering financial services to the nooks and crannies of Nigerian communities; providing access to underserved […]

FirstBank Launches MVisa

July 31, 2017/First Bank of Nigeria Ltd First Bank of Nigeria Limited has partnered with Visa to launch the Mobile Payments Solution – mVisa. This mobile solution allows customers pay for goods and services by scanning a QR code using a smart phone via the FirstMobile App. Payment goes straight […]

NAFEX and Parallel Market Rates in the outgone week

July 31, 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. 24-Jul-17 25-Jul-17 26-Jul-17 27-Jul-17 28-Jul-17 NAFEX Opening rate (NGN/USD) 365.96 367.75 367.75 366.81 366.11 NAFEX Closing rate (NGN/USD) 367.30 369.50 368.60 366.67 367.60 Parallel Closing […]