July 16, 2015/CBN This is to inform all licensed BDCs operating in Nigeria that with effect from 1st August, 2015 all transactions consummated by a BDC must have the Bank Verification Number (BVN) of the customers. This information must be included in the Returns to the CBN. In the case […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday kicked-off the week on a positive note after the  Id-el-Fitr celebrations as all-share index (ASI) gained 0.29 percent to close at 31,334.79 basis points, while market capitalisation increased by N105.98 billion to close at N10.73 trillion. Cordros daily […]

Ecobank Nigeria says it has collaborated with MoneyGram to commence outbound money transfer service. The service, tagged ‘MoneyGram Naija Sends’; allows Nigerians to send money abroad through any of the bank’s branches in the country, while the funds are received in specified currency in the receiving country. The pan-African bank […]