June 13, 2017/WorldRemit WorldRemit (www.WorldRemit.com), the leading digital money transfer service has added Android Pay to its service, offering a new way for WorldRemit’s Android Pay users to send money internationally and reach millions using mobile money accounts. Pioneering a mobile-first approach to the $600bn a year remittance industry, the […]
Money Market
Market Forces May Drive Down Interest Rate
Culled—Proshare June 12, 2017/FSDH Research Our review of recent macroeconomic indicators and financial developments in Nigeria suggests that market forces may soon drive down interest rates and yields on fixed income securities. The yield on the 364-Day Nigerian Treasury Bills (NTBs) has been on the increase since January 2016. This […]
NAFEX and Parallel Market Rates
June 12, 2017/InvestmentOne Research This id the NGN/USD opening and closing rates for NAFEX and the closing NGN/USD rate at the parallel market. 5-Jun-17 6-Jun-17 7-Jun-17 8-Jun-17 9-Jun-17 NAFEX Opening rate 377.42 377.89 377.14 376.03 374.97 NAFEX Closing rate 377.91 378.67 373.53 375.31 373.28 Parallel Closing rate 372.00 372.00 368.00 […]
