Money Market

Egypt’s currency float boosts foreign investment – stock exchange chairman

30/7/2017/Reuters Foreign investors have bought a net 11 billion Egyptian pounds ($615.90 million) worth of shares since the country floated its currency last November, the stock exchange’s chairman Mohamed Omran said on Sunday. The central bank floated the Egyptian pound in November to attract foreign capital after years of political […]

CBN to address e-payment issues at FICAN Bi-monthly Forum

July 31, 2017/FICAN News The Central Bank of Nigeria (CBN) will be addressing key issues confronting the e-payment industry at a Bi-Monthly Forum organised by the Finance Correspondents Association of Nigeria (FICAN).  The event, with the theme: ‘Electronic Payment Industry, Performance & Regulatory Issues’ will hold on Saturday, August 5th, […]

Mastercard Selected for Kroger Co-Brand Credit Card Issued by U.S. Bank

July 27, 2017/Mastercard Mastercard announced today that The Kroger Co. has chosen the company to be the network for the grocery retailer’s 1-2-3 REWARDS co-brand credit card program. The cards will continue to be issued by U.S. Bancorp. “The Kroger 1-2-3 REWARDS® credit card is an important part of how […]