Financial Services

January 31, 2018

Nigeria Update: CBN sells $514 million in two trading days

In just two trading days, Friday and yesterday, the Central Bank of Nigeria (CBN) made a $514.4 million intervention in the foreign exchange (forex) market.Of the […]
January 26, 2018

Nigeria Update: SCB urges investors to weigh equities, bond options in 2018

As the global economy is gradually rebounding, with the direction pointing towards reflation for some major economies, Standard Chartered Bank has advised investors to manage downside […]
January 25, 2018

Nigeria Update: Bank crashes charges on foreign money transfers

Sending money abroad through FirstBank just got more economical with MoneyGram ‘Naija Send’ with charges now as low as N1,500. First Bank of Nigeria Limited is […]
January 23, 2018

Nigeria Update: CBN boosts forex market with $210m

The Central Bank of Nigeria (CBN), Monday, ended transactions at the inter-bank foreign exchange (forex) market with the auction of $210 million. Last week, CBN intervened […]