Money market

NIBSS set to launch NQR payment solution

By Kayode Tokede Nigeria Inter-Bank Settlement System Plc (NIBSS), in partnership with all financial service providers is set to launch a QR Code driven payment solution. NQR Payment Solution is an indigenous Quick Response code platform being introduced by NIBSS…

CBN donates food relief to IDPs in Borno

By Kayode Tokede The Central Bank of Nigeria (CBN) on Monday donated food items to Internally Displaced Persons (IDPs) in Borno. The CBN Branch Controller in Maiduguri, Alhaji Lawan Tijjani, who presented the items to the IDPs, said that the…

IWD : GTBank drives health insurance for women

By Kayode Tokede As the 2021 International Women’s Day (IWD21) calls on people and organisations to #choosetochallenge for a better world for women, Guaranty Trust Bank plc (GTBank) has launched an initiative, tagged #GiveHerBetaHealth, to draw attention to the need…

Foreign reserves drop to $34.92bn —CBN

The Central Bank of Nigeria (CBN) has said the country’s foreign reserves dipped by $184.58 million in its week-on-week (w/w) performance to $34.92 billion as at March 3rd, 2021 as the apex bank maintained its interventions across the foreign exchange…