Culled—Proshare April 11, 2017/CBN …begins massive sale with $141m …sells $10,000 each to BDCs The Central Bank of Nigeria (CBN) has opened a special Forex window for Small and Medium Enterprises (SMEs) to enable SMEs import eligible finished and semi-finished items not exceeding $20,000 for an enterprise per quarter. Isaac […]
Updates
CBN to sustain intervention in FOREX market
April 11, 2017/CBN In its avowed determination to ensure ample supply of foreign exchange liquidity in the market, the Central Bank of Nigeria (CBN) on Friday 7th April 2017 auctioned the sum of US$418 million at the retail-SMIS at a marginal rate of N310/$ (The airlines, agriculture, petroleum and raw […]
Mastercard Gains Regulatory Approval to Acquire VocaLink
Industry and Consumers to Benefit from More Choice, Greater Innovation in Payments April 11, 2017/Mastercard Mastercard today commented on the UK’s Competition & Markets Authority’s decision that clears the way for the completion of the company’s planned acquisition of VocaLink Holdings Limited. The CMA gave final approval for the proposed […]
