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CBN’s anti-fraud software’ll strengthen financial sector – SEAP boss

The Executive Programme Director, Self Reliance Economic Advancement Programme (a financial services institution), Mr. Oladokun Olatunde, has said that the introduction of an anti-fraud software by the Central Bank of Nigeria is a development that will reduce fraud in Nigeria’s financial sector. Olatunde, in an interview with our correspondent during […]

Our performance’ll improve in 2013 – Presco

Presco Plc, a company quoted in the Agricultural sector of the Nigerian Stock Exchange has said that it is expecting improved performance in its activities in 2013. This, the company said in a statement on Tuesday, was as a result of various strategic investments undertaken over the past few months. […]

China banks buy $18.5bn FX for clients

Chinese banks bought more foreign currency than they sold for clients in November, leading to a net purchase of $18.5bn in foreign exchange in over-the-counter transactions, figures from the State Administration of Foreign Exchange showed on Monday. Reuters reported that it marked a sharp increase from a net purchase of […]