Friday, September 22, 2017
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Airtel Nigeria bags Payment Innovation in Telecom awards

Leading telecommunications service provider, Airtel Nigeria,has been honoured with the Payment Innovation in Telecom Award by Africa’s leading transaction switching and processing services company, Interswitch.

Experts see private capital, as solution to infrastructure financing

COMFORT EKELEME
Investment and finance experts at the weekend reached a consensus that the solution to inadequate infrastructure financing lies in private capital funding.According to them, for the fact that governments have finance constraints, long-term funding that is independent of government budget and boards in an ongoing basis is required, if big ticket projects must be embarked upon and completed.

Fx directive: Stiff penalty awaits defiance banks

COMFORT EKELEME
The Central Bank of Nigeria (CBN) has said it would not hesitate to sanction any Deposit Money Bank (DMB) in breach of its earlier directive of March 3, 2017 instructing them to, among other things, open teller points for retail forex transactions and to have electronic display boards in all their branches, showing rates of all trading currencies.

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