October 13, 2016/Reuters By Gwladys Fouche Ride-hailing company Uber [UBER.UL] has offered over a million trips in Nigeria two years after it started there and is eyeing expansion to a French-speaking West African country next, its West African chief said on Thursday. The U.S. tech firm operates in over 400 […]
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Nigeria central bank on edge as 500-per-dollar looms on naira black market
October 13, 2016/Reuters By Ulf Laessing and Karin Strohecker Oct 13 When around 100 Nigerian youths staged a protest calling on Central Bank Governor Godwin Emefiele to resign over the slide in the naira, bank officials were keen to play it down. A central bank spokesman denied that there had […]
FirstBank Now the Sole FX Dealer to BDCs
October 13, 2016/First Bank of Nigeria Ltd The Central Bank of Nigeria (CBN) has announced First Bank of Nigeria Limited the sole authorised dealer for foreign exchange proceedsto licencedBureau de Change (BDC) operators in Nigeria. The announcement is coming on the heels of the Bank’s strengthened money transfer services as […]
