By InvestAdvocate Lagos (INVESTADVOCATE)-The naira on Thursday traded flat on the interbank and parallel market at N315 and N378 to the greenback respectively. Cordros reports that the local currency in the interbank market had appreciated against one of the three currencies tracked. It said the naira appreciated 1.37 percent to […]
Updates
Provisioning For Foreign Currency Loans
July 27, 2016/CBN In continuation of the efforts to enhance efficiency, facilitate liquidity and transparency in the foreign exchange market, the CBN issued the Revised Guidelines for the Operations of the Nigerian Inter-bank Foreign Exchange Market on June 15, 2016. One of the effects of the Guidelines, which liberalized the […]
Looking Forward: With VocaLink, A Choice-Filled Future
July 28, 2016/MasterCard Michael Miebach I’m not a fortune teller, but I now see the future of payments clearly. How people pay and are paid will increasingly be characterized by a seamless, integrated experience predicated on choice. That is the demand, no matter who you are, where you are and […]
