Money Market

FCMB Group Names Ladi Balogun to Emerge Group CEO

Ladi Balogun,  FCMB Group February 20, 2017/NSE FCMB Group Plc has announced the re-organisation of its leadership at the Group level, as well as its flagship company First City Monument Bank Limited (FCMB Limited). Effective March 20th, 2017, Ladi Balogun, having served as Group Managing Director of the Commercial banking […]

FOREX Utilization: CBN Boosts Manufacturing, Agricultures, Others

Culled—Proshare February 20, 2017/CBN Key Highlights FOREX Utilization: CBN disburses $2.83 billion in two months FOREX Utilization: Critical sectors enjoy allocations The Central Bank of Nigeria (CBN) has disbursed the sum of $2.83 billion for utilization in the critical sectors of the economy between December 2016 and January 2017. In […]

WorldRemit sees huge growth in money transfers to Tanzania

February 20, 2017/WorldRemit Digital money transfer service WorldRemit (www.WorldRemit.com/en/Cameroon) is consolidating its rapid expansion into Tanzania, supporting the growing demand for instant remittances to the country from over 4 million expatriates living abroad. Today WorldRemit is announcing: A new record of 10,000 unique transactions completed in the month of December […]