Updates

Power Sector Receives CBN N120bn Boost

26/5/2016/CBN There is hope for significant improvement in power supply in the days ahead as the Central Bank of Nigeria (CBN) has stepped in to address the liquidity and funding challenges facing the sector. To this end, the Bank has disbursed a total of N120.2bn to different electricity distribution companies […]

MasterCard Supports Sports Integrity Global Alliance

26/5/2016/MasterCard By Jennisfer Stalzer MasterCard, one of the world’s most active sponsors of major sporting events, is among the first 50 organizations to launch the Sports Integrity Global Alliance (SIGA).  The move reinforces the company’s ongoing commitment to live it’s corporate values, and the importance of ensuring its partners and […]

U.S. EMV Adoption by Merchants, Issuers Continues

26/5/2016/MasterCard Industry Collaborates on Solutions to Speed Transaction Times Americans are increasingly using EMV chip cards to make purchases as 68 percent of all U.S.-issued MasterCard-branded consumer credit cards feature the technology as of April 30, 2016. Chip-active merchant locations also increased to 1.4 million during this same time; including […]