February 19, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) and Discount Houses with high Non-Performing Loans (NPLs) not pay dividend to shareholders, according to a circular dated January 31, 2018 with reference number BSD/DIR/GEN/LAB/11/002 and signed by Ahmad Abdullahi, director, Banking Supervision Department, […]
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SEC Targets Increased Level of Financial Inclusion by 2020
February 18, 2018/SEC The Securities and Exchange Commission (SEC) has said that it aims to achieve increased level of financial inclusion of Nigerians by the year 2020. Acting Director General of the SEC, Dr. Abdul Zubair stated this during a financial inclusion sensitization campaign held in Karshi, Abuja weekend. Represented […]
Sustained Rallies on Bonds following Successful Eurobond Outing
Culled—Proshare 16/2/2018/Zedcrest Capital ***NIGERIA IN TALKS with JPMORGAN TO RETURN TO EM BOND INDEX*** – DMO KEY INDICATORS Inflation 15.13% Declined by 0.24% in January from 15.37% in December 2017 MPR 14.00% Left unchanged at 14.00% at the MPC meeting of November 2017 External Reserves $41.54billion Accreted 1.71% as at […]
