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; […]

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 […]

Culled—Proshare March 28, 2017/CBN Barely 24 hours after its directive to Deposit Money Banks (DMBs) in the country to sell foreign exchange obtained from it to retail end-users at not more than N360/$1 for invisibles, the Central Bank of Nigeria (CBN), on Tuesday, March 28, 2017 crashed the rate at […]