Nigeria’s naira currency eased marginally against the U.S dollar on the interbank market on Monday after a sudden dollar buying pressure from a lender depressed liquidity in the market, traders said. The naira closed at 157.15 to the dollar on the interbank, weaker than the 157.10 to the dollar on […]
Author: InvestAdvocate
External Investors Set to Stake $6.2bn on Stock Market
There are indications foreign portfolio managers across the asset classes are lining up to commit funds to the African continent, with the Nigerian capital market primed to attract a major stake in the outlay. THISDAY findings revealed that the Nigerian capital market has been singled out as fertile ground for […]
CBN: Removal of ATM Charges Effective Next Monday
The Bankers’ Committee Sunday said the decision earlier reached to suspend all charges accruing from the use of Automated Teller Machines (ATMs) of other banks would be implemented from Monday, December 17. Governor of the Central Bank of Nigeria (CBN) and Chairman of the Bankers’ Committee, Mallam Sanusi Lamido Sanusi, […]
