Money Market


Bank Modifies International Spend Limits on Naira Debit Cards

Culled—Proshare September 30, 2016- As the forex scarcity which currently faces the country continues to bite harder, indications have emerged that banks have started to adjust international spend limits. Daily… Read more »


Preventing the ATM from ‘swallowing’ your card

30/9/2016/Punch Nike Popoola, One of the most embarrassing experiences a bank customer can have while using the Automated Teller Machine is when the machine withholds his/her card without dispensing… Read more »

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Naira Hits All-Time Low of 480/$ in Parallel Market, as Acute Scarcity Persist

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian naira on Thursday hit an all-time low of N480/$, having tumbled by 4.35 percent on its freefall in the parallel segment of the… Read more »