Thu Apr 21, 2016/Reuters Nigeria’s government has collected more than 2.7 trillion naira ($13.57 billion) in its Treasury Single Account (TSA), the accountant-general said on Thursday. Last year, President Muhammadu Buhari ordered the merger of state accounts into one account at the central bank to reduce corruption and a practice […]
Updates
Private Sector Growth; Headed for the Rocks?
21/4/2016/Cordros In what appears to be an open agreement with our opinion (expressed in our most recent economic note “Monetary Policy Committee May Tighten”), the CBN Governor, Godwin Emefiele, on Saturday (April 16, 2016), revealed that the country’s Monetary Policy Rate (MPR) will still have to rise. The CBN boss […]
New Chip Tech for Consumer Peace of Mind
21/4/2016/MasterCard By Ajay Bhalla If you live in the U.S., you’re hearing more about chips and chip cards. Chip technology has been at the core of consumer peace of mind in more than 150 countries around the world for years. It has reduced both counterfeit and lost/stolen fraud, eliminating the […]
