August 25, 2016/PwC The dynamic nature of emerging markets creates challenges that have never confronted the developed world, but also opens up opportunities for innovation and growth. Payments is an area where this dynamism is already well-established. Over the next ten years (and beyond) we’re set to see even faster […]
Updates
Nigeria’s Central Bank – Shoot First, Think Later
Culled—Proshare August 25, 2016/Exotix Partners What have they done now? Various local Nigerian news articles indicate that the CBN has locked out nine banks from participating in the interbank foreign exchange market for failing to remit US$ government deposits worth US$2.3bn to the Central Bank as part of the Treasury […]
CBN Forex Transactions Restriction on Firstbank
August 25, 2016.FBN Holdings Plc As you are aware, there have been a number of media reports referencing the temporary suspension of FirstBank from the Nigerian foreign exchange market on account of failure to comply with the Treasury Single Account (TSA) policy. FirstBank wishes to confirm, that it has been […]
