By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s lender, Fidelity Bank Plc said on Tuesday three (3) of its directors are set to retire, the bank said in a issuer’s announcement with the Nigerian Stock Exchange (NSE). The names of the retiring directors according to the lender are Onome Olaolu, executive director (ED), Risk, […]
Money Market
BVN: Customers besiege banks, CBN rules out deadline extension
Customers on Monday besieged various banking halls in Lagos, Abuja and other cities for their biometric registration in order to get their unique Bank Verification Numbers 48 hours to the deadline for them to do so. When our correspondent visited banking halls in Lagos on Monday, hundreds of customers seeking […]
Nigeria’s bond yields rise, naira falls on FX curbs
Mon Jun 29, 2015/Reuters By Chijioke Ohuocha The cost of borrowing for Nigeria rose on Monday and the naira currency weakened again in the wake of the central bank’s new foreign exchange rules to conserve scarce reserves, traders said. ADVERTISING Investors had hoped for a sustained rally after smooth […]
