Money Market

Update: CBN Confirms 2,618 BDCs

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) said on Friday 32 Bureau De Change (BDC) operators has been added to the list of firms that has met its new capital base increasing it to 2,618 from 2,586 in February, according to the latest report. The CBN […]

Keystone Bank unveils women empowerment programme

Keystone Bank Limited says as part of its commitment to women economic empowerment, it has unveiled a programme called Pink Network. The Pink Network, an initiative for women entrepreneurs and professionals to share business ideas and interact, is meant to boost women participation in the Small and Medium Enterprises. A […]

Naira Strengthened 0.35% to Trade 199/$1 on $150 Million Monthly Oil Flows

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The naira on Wednesday strengthened by 0.35 percent to trade at N199 to one dollar ($1) at the close of the session. According to Investment One Research, the appreciation was supported by the regular $150 million month end oil flows. Similarly, the Nigerian […]