Money Market

Citi and MasterCard Sign New Global Agreement That Expands Relationship

March 04, 2015/MasterCard Citi to Align Majority of Consumer Proprietary Credit and Debit Portfolios to MasterCard Citigroup (NYSE: C) and MasterCard (NYSE: MA) announced today that the companies have signed a new and expanded 10-year agreement. Citi will begin aligning the company’s consumer proprietary credit and debit portfolios to the […]

X-Raying the Implications of CBN’s Closure of rDAS//wDAS on the Economy

March 05, 2015/The Will Late February, the Central Bank of Nigeria CBN closed two public auction structures popularly known as Retail Dutch Auction System rDAS and Wholesale Dutch Auction System wDAS. In a statement signed by its Director, Corporate Communications Department, Mr. Ibrahim Muazu, it listed some unprincipled market behavior […]