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Interswitch & Visa Partner To Expand Digital Payments Ecosystem In Africa

Interswitch Limited and Visa Inc. on Friday announced a strategic partnership that will further advance the digital payments ecosystem across Africa. As part of the...

CIS: Stockbrokers Strategies To Ensure Capital Market Rebound

The Chartered Institute of Stockbrokers (CIS) says it has repackaged the processes and procedures of its annual conference to renew investor confidence in the...
OPEC

Report: OPEC+ Faces “Major Challenge” From Competitors’ Surging Output — IEA

The Organization of the Petroleum Exporting Countries and its allies face stiffening competition in 2020, the International Energy Agency said on Friday, adding urgency...

South African Airways Begins Indefinite Strike Cancels All Lagos Flights 

S African Airways Cancels Lagos Flights As Strike Begins South African Airways (SAA) yesterday announced the cancellation of Lagos flight operations for this weekend as...

Sterling Jumps Against Dollar As Nigel Farage Reportedly Reduces His Brexit...

British pound jumped above $1.29 on the news, rising 0.25% to reach $1.2910 by 2:30 p.m. London time. Sterling hit a 10-day high against the...
Fed Chairman Jerome Powell

Financial-Stability Report: Fed Warns Prolonged Low Interest Rates Could Spark Instability

Fed to Lawmakers: Low interest rates might be a permanent part of the economic landscape Central bank’s report addresses recent repo market distress Continuing low interest...

Traders Happy As Pound Sterling Volatility Jumps Most Since Brexit Vote...

U.K. currency, a barometer for Brexit risk, has remained largely unmoved this week to trade around $1.2850 even after a series of disappointing economic...
CBN-Governor-Godwin-Emefiele-640x431

FXTM: Will The Central Bank Of Nigeria Cut Interest Rates In...

Rising inflationary pressures are certainly weakening the case for the Central Bank of Nigeria to cut interest rates from 13.5% anytime soon. Investor expectations over...

Oil Bounces Back As OPEC Sees Potential For Outside Supply Cuts

Oil advanced for the first time in three days after a report that OPEC sees a potential reduction in supply from outside of the...

UK Inflation Falls To Three-Year Low, Adding To BoE Rate Cut...

British inflation fell to its lowest level in nearly three years in October, official data showed on Wednesday, adding to expectations that the Bank...

Google Pay To Offer Checking Accounts Through Citi, Stanford Federal in...

Alphabet Inc’s (GOOGL.O) Google said on Wednesday it will offer personal checking accounts next year through its Google Pay app in partnership with Citigroup...

Chinese Yuan Could Rise To 6.90 Per US Dollar If ‘Phase...

We believe there’s an 80% chance that Phase One’ Deal will be signed in this quarter and if that happens, the renminbi will probably...

Russia Reveal Plans To Boycott Dollars For Euro, Yuan

Russia plans on changing the structure of reserves to reduce its dependence on the dollar as the U.S. has tightened sanctions over the last...

Nigeria Subsidising Petrol For Neighbouring Countries – Customs CG

Marketers are making a kill. It’s attractive to take petrol out and sell there The Comptroller-General of Customs, Hameed Ali, on Tuesday said that the...

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