31 C
Lagos
Tuesday, February 25, 2020

Forex Intervention: CBN injects $292.34m, CNY 22.8m into Retail SMIS

The Central Bank of Nigeria (CBN) on Friday, February 21, 2020, continued its intervention in the inter-bank foreign exchange market by injecting the sum...

Zenith Bank Reaffirms Market Leadership As PAT Crosses N200 Billion Mark

In a clear show of its resilience and market leadership, Zenith Bank has announced an impressive result for the year ended December 31, 2019,...

CBN refunds over N60 billion excess bank charges to customers

The Central Bank of Nigeria (CBN) on Thursday said it has so far recovered over N60 billion from erring banks as excessive charges imposed...

Protect Your investments – SEC Tells Army

The Securities and Exchange Commission, SEC has urged officers and men of the Nigerian army who have already invested in the capital market to...

SEC Boss Advises State Govts on IGR

The Acting Director General of the Securities and Exchange Commission Nigeria (SEC), Ms Mary Uduk has advised state governments to...

Nirsal Microfinance Bank Share Capital Now N7.5 Billion … As Bankers Committee Applaud LDR...

The Central Bank of Nigeria (CBN) bankers committee, on Tuesday February 18, 2020, said they have decided to increase the capital base of Nirsal...

CBN, FMDQ introduce Long-Dated FX Futures

The Central Bank of Nigeria (CBN) has yet again shown its commitment towards the development of the foreign exchange (FX) market and indeed, the...

Investor Protection Key To Market Development- SEC

Investor protection has been identified as one of the cardinal points of market regulation that contributes to deepening the capital market.

Nigerian Breweries Propose N1.51 Kobo Dividend, Amidst 2019 Full Year Profits Depreciation

Nigerian Breweries Plc, on Thursday February 13, 2020, released its full year financial statements for the period ended December 31, 2019, with a final...

SEC Identify Infrastructure Development As key To Economic Growth

Infrastructure development has been described as critical for the achievement of economy prosperity, sustainable growth and development of Nigeria.  Therefore, the...

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SEC Holds International Commodities Conference March 16,17

In a bid to further deepen the capital market and have a vibrant commodities exchange, the securities and Exchange Commission, SEC, is to...

CBN Clarifies Operation of Domiciliary Accounts

The Central Bank of Nigeria (CBN) has formally clarified issues surrounding the operations of domiciliary accounts in Nigeria.

Dangote boosts south East economy with N63billion investment in ANAMMACO

Dangote Group has in the last five years invested over N63bn in the South East with the purchase of over 3,500 units of locally...