29/3/2017/Sahara Reporters The Central Bank of Nigeria has granted an operating license to the Development Bank of Nigeria Plc (DBN). According to a press release sent to SaharaReporters, Minister of Finance Kemi Adeosun confirmed the approval on Tuesday in a letter addressed to the chief executive officer of the Development […]
Money Market
Leading The Way Towards Safer Payments for Children
March 30,2017/Mastercard Today, Child & Youth Finance International (CYFI) and Mastercard are launching a groundbreaking guide on banking and payment products for minors. Unique in its approach, the ‘Safer Payment Products for Minors’ guide identifies recommended practices on how Financial Service Providers (FSPs) can develop age-appropriate payment products for minors; […]
FX Utilisation in January 2017-Symptoms of An Opaque Structure
Culled—Proshare March 30, 2017/Proshare Research Subsequent to the long-awaited intervention in our foreign exchange market by the Central Bank of Nigeria (CBN) in H2 2016 guided by a managed float policy approach, the CBN subsequently decided on the periodic publication of the Foreign Exchange (FX) utilisation by banks on a […]
