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Forex: Naira may exchange N500 to $1

Following a persistent scarcity of the dollar and the Central Bank of Nigeria, CBN recent cut of supply to foreign exchange operators, the naira has continued to depreciate and may exchange for 500 Naira to one United States…

Benin residents jam ATM points

Barely 24 hours to Christmas, residents of Benin city are scrambling to use the Automated Teller Machine (ATM), to draw money. The News Agency of Nigeria (NAN) reports that few of the ATMs in some banks visited in Benin on Saturday were…

CashlessAfrica Expo 2017 holds March in Lagos

CashlessAfrica Expo 2017 event as part of the MobileMoneyAfrica conference series has been announced to hold in March 2017 in Lagos by the event organizers. According to a press release by the Event Director, West Ekhator, the…