The naira appreciated at both the interbank and parallel market segments of the forex market last week as the Central Bank of Nigeria (CBN) met the dealers’ demand. The value of the naira against the dollar, monitored by THISDAY in Lagos, showed that save for the Wholesale Dutch Auction System […]
Author: InvestAdvocate
November trading closed positive on improved sentiment
Contrary to fears on the part of market players, equity trading activities on the Nigerian Stock Exchange closed on a positive note in November. Statistics from the NSE showed that the All-Share Index closed the month at 26,494.44 basis points, representing an improvement by 0.24 per cent or 63.52 points […]
Analysts hinge financial sector growth on efficient e-payment
Notwithstanding the push being given the electronic payment system, experts say growing the financial sector of the economy through an efficient e-payment scheme can only be achieved through motivation and effective collaboration among stakeholders, ADEMOLA ALAWIYE writes One of the biggest and growing technological innovations in the area of banking, […]
