Capital Market

CBN Extends BVN Enrolment for Diaspora Bank Customers to January 31, 2016

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) said on Monday it has extended the Bank Verification Number (BVN) enrolment for Nigerian Bank customers in diaspora to January 31,2016 to enable them complete the registration exercise and the attachment of the BVN to their bank accounts. “As […]

South Africa’s MTN renews Nigeria operating spectrum, licence

Tue Nov 3, 2015/Reuters South Africa’s MTN on Tuesday said the Nigerian regulator has renewed its operating spectrum and extended the operating licence for Africa’s biggest mobile firm to 2021 at a cost of $94.2 million. MTN, which had a $5.2 billion fine imposed on it by the Nigerian Communication […]

Nigerian Equities Commence Week Slippery, as Index Dip 0.14%

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Monday commenced the week on a slippery note as all-share index (ASI) dipped 0.14 percent to close at 29,136.85 basis points, while market capitalisation decreased by N14.05 billion to close at N10.01 trillion. “Today’s performance further extended the Year-to-Date loss […]