Tag: InvestAdvocate

Dollar scarcity hits Nigerian banks

January 23, 2016/Punch Bank customers are now unable to withdraw dollars from their domiciliary accounts amid worsened scarcity of the currency in the financial services sector, Saturday PUNCH investigation has revealed. With the situation, business persons and individuals are complaining that they cannot get dollars from their banks to do […]

BDC operators import dollars from Ghana, Benin Rep, others

January 23, 2016/Punch There are indications that Bureau De Change operators in Nigeria have been importing dollars from neighbouring Ghana, Benin Republic and others to make up for the scarcity of the currency in the country. According to Saturday PUNCH investigation, some operators were forced to engage in the practice […]

The 4th Industrial Revolution is Upon Us; Will it be safe?

January 22, 2016/MasterCard By Ajay Bhalla The convergence of the digital and physical worlds is more than a MasterCard rally cry. It is in fact a fundamental shift that’s driving the Fourth Industrial Revolution or Industry 4.0, where automation, data exchange and manufacturing technologies are going to simplify our lives, […]