Currency outside banks declined by 12.2 per cent in January, indicating impact of the cashless policy of the Central Bank of Nigeria (CBN). The cashless policy took off in Lagos on January 1st this year with the cashless Lagos policy. Though the limit on free cash withdrawals and service charge […]

The Association of Corporate Trustees (ACT) last week called for the injection of funds into the Nigerian capital market by the Federal Government as a way of bailing it out from its poor state. The trustees made the call in their presentation to the House of Representatives Ad Hoc Committee […]

First Securities Discount House Limited has recommended a total dividend payout of N698.7m to its shareholders for the financial year ended December 31, 2011. According to the company, this amount translates to a dividend of 25 kobo per share. This, the company said, ,was as a result of good results […]