Money Market

Citi Provides N500million for Microfinance Development in Nigeria

July 4, 2017/Citi Nigeria Citi Nigeria extended a loan of N500 million to Accion Microfinance Bank (Accion MFB) in Nigeria to drive and promote the development of the microfinance sector in Nigeria. This loan will fund Accion’s loan portfolio and support the development of approximately five thousand micro and small […]

Sage launches Sage One Payroll and Sage One Invoicing in Nigeria

July 4, 2017/Sage Sage (www.Sage.com/africa), the market and technology leader for integrated accounting, payroll & HR and payment systems, today announced that Sage One Payroll (www.Nigeria.sageone.co.za/easy-online-payrol) and Sage One Invoicing (www.Nigeria.sageone.co.za/sage-one-invoicing) is available in Nigeria. Designed to help small businesses focus on what really matters, these software solutions give business […]

CBN Orders Unutilised FX Returned SMIS Wholesale, Retail Interventions

July 4, 2017 By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Monday directed that all unutilised forex exchange (FX) be returned to it for the Wholesale Secondary Market Intervention Sales (SMIS) and retail interventions, according to a circular dated June 23, 2017 and  signed by Dipo Fatokun, director, […]