August 19, 2016/Reuters Nigeria’s naira ended 5.2 percent higher at 308 per dollar on Friday after the central bank sold dollars to support the currency, traders said. The naira, which touched an all-time low of 365.25 on Thursday, closed at 324 per dollar in the previous session. The central bank […]
Money Market
NEXIM Bank to help generate $5bn yearly with facilities for exporters
August 19, 2016/NEXIM Bank By Bashir Wali Pull quote: “The funds are expected to attract and incentivize new and additional investments to the non-oil export sectorand enhance their competitiveness.” The Nigerian Export-Import Bank (NEXIM Bank) recently launched two intervention products targeted at promoting the country’s non-oil exports. The funds are […]
Access Bank upgrades payment platform
19/8/2016/Punch The Access Bank Plc says it has upgraded its digital payment platform to make electronic payments and funds transfer more convenient for its customers. According to a statement by the lender, the upgraded digital banking application, tagged, PayWithCapture 5.0, comes with various benefits to customers. The Head, Digital Banking, […]
