Culled—Proshare June 6, 2017/CBN Relentless in its push to achieve convergence of rates in the interbank and Bureau de Change segments of the foreign exchange market, the Central Bank of Nigeria (CBN) on Monday, June 5, 2017, injected another sum of $190 million into the inter-bank market. At Monday’s trading, […]
Money Market
Heritage Bank supports Triton Group reforestation project in Oyo state
June 4, 2017/Heritage Bank Ltd Heritage Bank Plc, Nigeria’s most innovative banking services provider, has thrown its weight behind Globus Resources Limited, a subsidiary of Triton Group, to flag off the second phase of afforestation programme in Oyo state. The bank as the first financier had earlier financed the first […]
ATM Transactions Still in the Driving Seat
Culled—Proshare June 2, 2017/FBNQuestResearch Data from a new report series from the National Bureau of Statistics in collaboration with the CBN reveal that 304 million transactions valued at N22trn were recorded on electronic payment channels in Q1 2017. As expected, ATM transactions dominated with a volume of 179 million. Internet […]
