Culled—Proshare February 8, 2017/Detail Solicitors BACKGROUND Nigeria has maintained a liberalized foreign exchange market since the enactment of the Foreign Exchange (Monitoring and Miscellaneous Provisions) Act in 1995. The Act established an autonomous foreign exchange market and guaranteed the unconditional transferability of capital in any convertible currency by end users. […]
Money Market
Naira drops to 499 on lingering dollar shortage
8/2/2017/Punch Oyetunji Abioye The naira dropped against the United States dollar to 499 on Tuesday, from 498 on Monday as lingering scarcity of the greenback continued to weigh on the market Reuters reported. The local currency had reversed its Friday’s loss against the dollar, and closed at 498/dollar. The local […]
Again, First Bank leads GTBank, Zenith, Access, UBA in Top 500 Global Banking Brands
Culled—Proshare February 6, 2017/Press Release First Bank of Nigeria Limited has been named as the most valuable banking brand in Nigeria in The Top 500 Banking Brands of The Banker magazine of the Financial Times and Brand Finance, London, United Kingdom for the sixth consecutive time. According to a press […]
