EcobankPay hits N2bn transactions value, as 100,000 merchants onboarded
Businessam StaffSeptember 16, 2019
Ecobank Nigeria says over 100,000 merchants have been onboarded on the EcobankPay platform with transaction value reaching N2billion.
Kuda secures $1.6m pre-seed funding to start a first online retail banking in Nigeria
Businessam StaffSeptember 12, 2019
Kenneth Afor with agency report Kuda, Nigeria’s only online retail bank has secured pre-seed funding of $1.6 million to commence
CBN injects $210m into forex market
Businessam StaffSeptember 11, 2019
The Central Bank of Nigeria (CBN) has injected 210 million U.S. dollars into the interbank segment of the foreign exchange market
CBN’s business expectations report predicts stable naira
Businessam StaffAugust 29, 2019
The naira is tipped to appreciate this month, next month and within the next 12 months, a business expectations report released on
Investors sustain appetite for FGN bonds
Businessam StaffAugust 22, 2019
In spite of the prevailing tight liquidity experienced in the financial market, investors have continued to show strong appetite for
Trump heaps pressure on Fed and its chairman Powell to cut rates
Businessam StaffAugust 21, 2019
President Donald Trump on Wednesday continued to pressure the Federal Reserve and the central bank’s chairman to lower interest rates,
Money laundering: FATF to screen banks, BDC, others
Businessam StaffAugust 20, 2019
The global body that sets standard for anti money laundering (AML/CFT) efforts, the Financial Action Task Force team, will assess
Naira exchanges at N359 to dollar at parallel market
Businessam StaffAugust 20, 2019
The naira on Monday traded at N358.6 to the dollar at the parallel market in Lagos. The pound sterling and the euro closed at N445 and
Interswitch launches verve global card
Businessam StaffAugust 14, 2019
Kenneth Afor with Agency report Nigeria’s foremost online payment outfit, Interswitch , has launched a verve global card which will be