November 05, 2015.\/FBN Capital Over 3 years after launching at N1.5bn, the FBN Money Market Fund now has over N54 billion in assets under management (AUM). The Fund, managed by FBN Capital Asset Management, (operating under the brand name FBNQuest) is a SEC-registered open ended mutual fund that invests in […]
Capital Market
NSE Down Marginally by 0.01% on Slowdown in Sell Pressure
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Thursday dipped marginally by 0.01 percent as all-share index (ASI) closed 29,030.97 basis points, while market capitalisation increased by N1.82 billion to close at N9.98 trillion. The Cordros daily market update affirmed that the development is as a result of a […]
CBN Initiates EPIS to Encourage Cashless Transactions
The Central Bank of Nigeria (CBN) has introduced Electronic Payment Incentive Scheme (EPIS) to encourage the use of debit cards in line with its cashless policy of the apex bank. Senior Manager Banking and Payment System of the CBN, Mr. Omileye Ifeoluwa disclosed this in Akure, Ondo State in a […]
