Money Market

ECOBANK Says Its Rapid Transfer, Fastest/Most Convenient

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Ecobank’s Rapid Transfer product is fastest and most convenient way to transfer money across Nigerian and Africa, Tony Okpanachi, deputy managing director (DMD) of Ecobank Nigeria said on Thursday. Okpanachi in a chat with journalists at the end of year money transfer solutions for bank […]

CBN Ban Dollar Sales as Naira Falls to Record Low

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Thursday banned the sale of dollars to importers of telecom equipment, power generators and finished products at its foreign exchange auction, instead shifting demand to the interbank market, dealers,  a  Reuters  report quoted dealers as saying. The report […]

Access Bank Named Bank of the Year in Ghana

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s tier one lender, Access Bank Plc on Wednesday emerged   “Bank of the Year 2013” in the prestigious annual Ghana Banking Awards in 2013, the lender said in a statement. Access Bank was rated the country’s fastest growing financial institution for the year 2013, barely […]