The Securities and Exchange Commission (SEC) has enjoined all shareholders to take advantage of the initiatives introduced in the capital market aimed primarily at strengthening the market and accelerating economic development.
CBN’s policy saves N217b from rice import
• Emefiele raises hope on interest rate cut • Institute’s chief seeks improved human index The capital control policy of the Central Bank of Nigeria (CBN), which excluded 41 items from accessing foreign exchange (forex) at the official window, saved the country N217 billion ($600 million) worth of forex in its first full year of…
Forte Oil, Cadbury, others lift NSE’s indices by N24b
Following heavy price gains recorded by major highly capitalised stocks, especially Forte oil and Cadbury, equity transactions on the Nigerian Stock Exchange (NSE) closed high on Friday, as market capitalisation appreciated by N24 billion.
BVN validation and bureau de change operators as veritable partners
The Association of Bureaux De Change Operators of Nigeria (ABCON), the umbrella body of Bureaux De Change (BDCs) has just completed a comprehensive course on the use and deployment of Bank Verification Number (BVN) Validation Portal, made possible by the Nigeria Interbank Settlement System.....
Mortgage bank records 98% growth in Q3
Omoluabi Mortgage Bank has recorded 98 per cent growth in turnover for the third quarter of the 2017 financial year, which ended September 30, when compared with result of the corresponding period of 2016.
Stakeholders fault second runway for Abuja airport
Stakeholders in the aviation sector have condemned Federal Government’s plan to give the Nnamdi Azikiwe International Airport, Abuja, a second runway, saying the project lacks justification, especially in economic terms.
Stakeholders renew call for listing of multinational, on NSE
The stakeholders, who spoke separately with The Guardian, argued that for the nation’s bourse to sustain price appreciation, it must witness a reasonable level of liquidity, more than what is currently available in the market.
Why United Capital is passionate about Nigeria’s power sector, by Akinremi
As a first step, both the private sector and the public sector will need to have an alignment of interests being the development of the economy as a whole whilst ensuring the financial viability of the employed strategy.
Afreximbank’s structured finance seminar begins today
The events are being held to acquaint African bankers with advanced structured finance tools and techniques for dealing with the challenges lenders face in the continent’s rapidly changing business environments.
CBN, stakeholders to tackle N2.2b ePayment’s yearly losses
The meeting point of the stakeholders would be at this year’s eighth edition of the yearly Payment Systems and Fraud Conference being organised by the Electronic Payment Providers Association of Nigeria (EPPAN).