The rally in the equities segment of the Nigerian Stock Exchange, continued on Wednesday, with major indices closing positive. The market capitalisation of the listed equities gained N52bn or 0.6 per cent from N8.286tn on Tuesday, to close at N8.338tn. Similarly, the NSE’s All-Share Index was up by 164.51 basis […]
Author: InvestAdvocate
Forex: CBN lists documentation requirements for BDCs
The Central Bank of Nigeria has listed the various documentation requirements expected from bureaux de change in the country. The CBN said that BDCs were expected to keep documentation and render returns on statement of assets and liabilities, statement of profit and loss account and foreign exchange purchases and utilisation. […]
Stakeholders to brainstorm on cash-less policy
The Central Bank of Nigeria, international and local institutions and stakeholders will converge on Lagos for a conference on the cash-less policy introduced by the CBN. A statement made available to our correspondent on Tuesday said the experts would be drawn from various relevant sectors of the economy like banking, […]
