Financial Services

February 12, 2018

World Update: Cryptocurrencies are Ponzi schemes, says Kim

The President of the World Bank Group, Jim Yong Kim, has compared cryptocurrencies to “Ponzi schemes,” and thus, becoming the latest financial voice to raise questions […]
February 12, 2018

Nigeria Update: ABCON restates worries over forex rate deals with CBN

The Association of Bureau De Change Operators of Nigeria (ABCON) has expressed worries that the Central Bank of Nigeria (CBN) has continued to sell dollar to […]
February 7, 2018

Nigeria Update: Bankers committee ends commission on ‘invisibles’ forex deal

The Bankers’ Committee yesterday, ended its regular meetings in Lagos, with a decision to end the commission charged on customers by individual banks for buying dollars […]
February 7, 2018

World Update: $60b wipes off value of crypto currency market in 24 hours

Investors in the crypto currencies may be going through difficult times, as over $60billion is being wiped off the value of crypto currencies, while bitcoin fell […]