Culled—Proshare September 30, 2016- As the forex scarcity which currently faces the country continues to bite harder, indications have emerged that banks have started to adjust international spend limits. Daily Naira Debit Card limits for transaction on ATMs with current limits put at $200 is expected to be adjusted to […]
Money Market
Preventing the ATM from ‘swallowing’ your card
30/9/2016/Punch Nike Popoola, Personalbanking@punchng.com One of the most embarrassing experiences a bank customer can have while using the Automated Teller Machine is when the machine withholds his/her card without dispensing cash. The ATM is expected to work like a mobile bank that should enable you to have access to your […]
Naira Hits All-Time Low of 480/$ in Parallel Market, as Acute Scarcity Persist
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian naira on Thursday hit an all-time low of N480/$, having tumbled by 4.35 percent on its freefall in the parallel segment of the FX market as acute shortage of the greenback persists. Reports from Cordros daily currency tracker says that the naira also […]
