Nigeria’s naira fell to a record low of 169 to the dollar before trading stopped on Thursday owing to volatility caused by the suspension of central bank governor Lamido Sanusi, several dealers said. Source: Reuters
Capital Market
Jonathan suspends CBN Governor, appoints Sarah Alade as Ag. Governor
Having taken special notice of reports of the Financial Reporting Council of Nigeria and other investigating bodies, which indicate clearly that Mallam Sanusi Lamido Sanusi’s tenure has been characterized by various acts of financial recklessness and misconduct which are inconsistent with the administration’s vision of a Central Bank propelled by […]
Heritage Bank Plans Listing in Capital Market
Heritage Bank has concluded plans to list its shares on the Nigerian Stock Exchange (NSE) in two years from now. The Executive Director, Ivory Banking, Mrs. Mary Akpobome, disclosed this in Lagos at the grand finale of the 2014 edition of Ikoyi Club’s annual tennis grand slam competition sponsored by […]

