CBN to stop Banks’ Cash Reserve Ratio Funds
The Central Bank of Nigeria, CBN, may not release funds due to banks, following the reduction of the Cash Reserve…
NSE index declines 1.92% as Unity Bank, Transcorp, Dangote Cement shed weight
Equities transactions on the Nigerian Stock Exchange (NSE) closed on a negative note on Wednesday as key indicators dropped 1.92…
Naira drops to 251/dollar at parallel market
The Naira has crashed to N251 to the US dollar at the parallel market against the N197 to the dollar…
NSE index rises 0.73% as investors rake in N70b
The Equities market segment of the Nigerian Stock Market (NSE) started the week on a positive note recording gains on…
SEC set to disburse investors’ protection fund
The Securities and Exchange Commission (SEC) has commenced the verification of claims of prospective beneficiaries from the National Investor Protection…
Diamond Bank is not distressed, says management
Diamond Bank Plc, one of Nigeria’s leading banks providing financial services across the shores of the country has dismissed a…
FCMB launches youth account, Flexx, unveils promo
First City Monument Bank (FCMB) Limited has introduced a new proposition called Flexx for youths aged 16 – 24 years…
SEC achieves 85% dematerialisation of share certificates
The Nigerian Securities and Exchange Commission (SEC) has advised all shareholders and investors in the Nigerian capital market to approach…
NSE index drops 1.10%, as Champion Breweries, Guinness, shed weight
Equity trading on the Nigerian Stock Exchange (NSE) started the week on a negative note as lead indicators fell by…
African Exchanges’ market cap hits $1.3 trillion
Market capitalization of African stock exchanges has appreciated to over $1.3 trillion from January 2015 to date, according to the…