Author: InvestAdvocate

CBN returns N5bn illegal bank charges to customers

The Central Bank of Nigeria has said that it has recovered  and returned to customers a total of N5bn wrongfully taken from depositors by banks operating in the country. It also said it would focus on the protection of consumers of products being brought to the market by banks over […]

British bank Barclays agrees to buy ING Direct UK

British bank Barclays on Tuesday agreed to purchase online bank ING Direct UK from its Dutch parent group for an undisclosed amount. “Barclays Bank PLC announces that it has agreed to acquire the deposits, mortgages and business assets of ING Direct UK,” the lender said in a statement. The acquisition […]

Exchange Builds Capacity of Dealing Members

Press Release In line with its mandate of building the capacity of its Dealing Members, its workforce and the wider market participants, The Nigerian Stock Exchange (NSE) at the weekend organised a one-day Continuous Professional Development session for Stockbrokers and some selected staff of The Exchange. Speaking on the workshop, Head, […]