October 17, 2016/Reuters By Yashaswini Swamynathan Wall Street inched lower in a choppy session on Monday as an advance in technology and financial stocks offset the effects of lower oil prices and a dip in healthcare stocks. Investors are also awaiting Federal Reserve Vice Chairman Stanley Fischer’s speech at 12:15 […]
Updates
Most Banks Limits/Suspend Intl’ Usage of Naira Cards; FBN Remains Only Bank Able to Sell FX to BDCs
October 17, 2016/Proshare As the foreign exchange liquidity issue continues to linger, banks have continue to review and modify their international usage of naira debit cards. Effective 14th October 2016, bank customers will not be able to carry out cross border transactions or transactions priced in foreign currency using their […]
House Committee Says Economic Situation Makes AMOCON Job Harder
October 17, 2016/AMCON The Chairman of House of Representatives Committee on Banking and Currency, Hon. Sir Jones Chukwudi Onyereri yesterday in Sokoto said that there was need for all institutions that want to see Nigeria get out of the current economic situation in the country to support the effort of […]
