Money market
Trump heaps pressure on Fed and its chairman Powell to cut rates
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
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
The naira on Monday traded at N358.6 to the dollar at the parallel market in Lagos. The pound sterling and…
Interswitch launches verve global card
Kenneth Afor with Agency report Nigeria’s foremost online payment outfit, Interswitch , has launched a verve global card which will…
Foreign investors acquiring insurance firms over recapitalisation
Many indigenous underwriting firms have been taken over by foreign investors since the last recapitalisation that took place in the…
‘Nigeria’s forex market has potentials to eradicate poverty, reduce unemployment’
Maxwell Odum, the managing director and chief executive officer, MBA forex and capital investment Limited, says the potential in Nigeria's…
