August 18, 2016/Reuters The Nigerian naira traded at an all-time low of 365.25 to the dollar on Thursday in a single interbank market trade of $1 million, Thomson Reuters data showed. Interbank trading started two hours after the market opened and offered the currency sharply lower against the dollar. A […]
Money Market
AFREXIM Bank, ICCO, NEXIM Bank, Others Recommit to Revamping Nigeria’s Cocoa Sector
“There is a need for cooperation and input from all the stakeholders and synergy between the financial institutions to achieve any meaningful development in the Cocoa industry….” – Bashir M. Wali August 18, 2016/NEXIM Bank ABUJA, Nigeria, 17th of August, 2016: In the bid to revive the ailing cocoa Industry […]
CBN grants Fidelity Bank e-commerce licence
18/8/2016/Punch Anna Okon The Central Bank of Nigeria has granted Fidelity Bank Plc final licence to operate electronic commerce services in Nigeria. In a statement on Thursday, it said the development would enable the lender to empower Micro Small Medium Enterprises in line with its strategic business objectives. The platform, […]
