September 22, 2016/Reuters By Nichola Saminather and Wayne Cole | SINGAPORE/SYDNEY Asian shares rallied on Thursday, taking their cue from Wall Street, after the Federal Reserve left U.S. interest rates unchanged and slowed the pace of future hikes, knocking the dollar and lifting commodity prices. European markets are likely to […]
Updates
Naira falls to 428 per dollar
22/9/2016/Punch The Nigerian currency on Wednesday depreciated against the three major currencies in all the segments of the Forex market. The naira fell at the parallel market to N428 against the dollar, N550 against the Pound Sterling and N468 per Euro. The currency had exchanged for N424, N550 and N471 […]
The Power of Remittances to Transform Inclusion
21/9/2016/MasterCard Daniel Lanre Monehin | September 21, 2016 In our meeting earlier this year with the president of the African Development Bank, the number one topic on his agenda was remittances. The impact of remittance on the economies of Africa is large. 20 – 30 million African immigrants send approximately […]
