Money Market

Ecobank Takes Masterpass QR To Mass Markets

November 19, 2016/Ecobank Lagos, November 18, 2016 – Ecobank Nigeria has embarked on sensitization exercise of mass and conventional markets of its innovative global digital payment system, MasterPass QR, which was launched in Lagos recently. The Ecobank MasterPass QR allows people to pay for services using mobile phones. It also […]

Naira enjoys modest stability against the dollar in both markets

Culled–Proshare November 18, 2016/TheAnalyst Today, Naira traded flat in both markets to hold its ground firm against the Dollar. It closed at N305.50 and N399.00 at Interbank FX Market and Parallel Market respectively. As analysis reveals, Naira recorded modest stability against the dollar at the parallel markets but shed weights […]

CBN Says Heritage Bank not in Distress

By InvestAdvocate Lagos (INVESTADVOCATE)-The  Central Bank of Nigeria (CBN) on Tuesday said Heritage Bank Limited is not in distress and financial fit to carryout is obligations as a lender. This is contained in a statement signed by Isaac Okorafor, Ag. Director, Corporate Communications of the CBN. The statement reads thus: […]