Money Market

MIDDAY UPDATE: Stocks Down -0.06% on Losses Across Sectors

July 26, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange all-share index (NSEASI) as at midday Friday is down -0.06 percent on losses across sectors. InvestmentOne update reports that market movers as at this time are beer producers, International Breweries Plc and cement makers, Cement Company of Northern Nigeria Plc; […]

CBN Licences Three New Banks

Culled—Proshare July 23, 2019/ By Business247 The Central Bank of Nigeria (CBN) has expanded the banking space in the country with the issuance of banking licences to three new players in the industry.  With the additional licences, the numbers of banks operating in the country have increased to 23 from […]

FirstBank Promotes Financial Inclusion Through Digitalisation in Sub-Saharan Africa

July 17, 2019/First Bank of Nigeria First Bank of Nigeria Limited has announced its organisation of a Joint Seminar with sub-Saharan African Banking and Telecom Regulators to promote financial inclusion through digital innovations in sub-Saharan Africa. The event which was held in Lagos recently was themed “Advancing ePayment and Digital […]