Money Market

Ecobank Nigeria launches Ecobank MasterPass QR

Sept 9, 2016/Ecobank Nigeria Ecobank Nigeria has launched Ecobank MasterPass QR, a Mastercard global digital system that allows people to pay for services using mobile phones. The innovative new platform will also enable micro, small and medium enterprises (MSMEs) in Nigeria to receive digital payments from millions of customers. Ecobank […]

Update: CBN measures widen parallel market premium to interbank

Culled—Proshare Sept 9, 2016/ARM Research In this update, Researchers at ARM present the latest macroeconomic data for August 2016 as well as activities in the fixed income and currency markets. Macro picture worsens as economy sinks into recession: In an avalanche of data at the end of August, the National […]

Emefiele: Efficient Payment System Pivotal for Financial System’s Growth

Sept 8, 2016/Thisday Obinna Chima The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele has stressed that an efficient payment system is pivotal to Nigeria’s financial system as well as in engendering sustained economic growth and development. The governor pointed out that it was on this basis that the […]