By InvestAdvocate Lagos (INVESTADVOCATE)- The Central Bank of Nigeria (CBN) on Wednesday said it will stop the sale of dollar to bureaux de changes (BDCs) and other authorised buyers. This is contained in a circular titled “Utilisation of Rdas and Interbank Funds/Review of the Foreign Exchange Trading Positions of Banks” […]
Capital Market
European Central Bank poised to launch €1tn quantitative easing
The ECB president Mario Draghi has been discussing the possibility of pumping money into the eurozone since the summer The Guardian, Thursday 22 January 2015 The European Central Bank is set to unveil a massive bond-buying programme on Thursday to kickstart the ailing eurozone economy, with reports suggesting it could […]
Nigerian Stocks End 4days Gaining Streak, Index Dip 0.20%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Wednesday ended its four (4) days gaining streak with the all-share index (ASI) dipping by 0.20 percent to close at 29,759.04 points while market capitalisation went down by N20.10 billion to close at N9.91 trillion. With this loss, current Year-to Date (YTD) […]
