November 24, 2016/SEC The Securities and Exchange Commission is set to improve the financial literacy of Nigerians as poor financial literacy has been identified as one of the factors responsible for the low level of financial inclusion in the country. This was disclosed by Director General of the Securities and […]
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NSE Halts 8-Day Losing Streak, Rebounds 0.22%
November 23, 2016/Cowry Asset Research The overall equities market performance measures, NSE ASI and market capitalization, both rebounded by 21.9 bps. Elsewhere, NIBOR moved in mixed directions across the tenor buckets. NITTY increased across most of the tenor buckets amid sell pressure Click here for details
Nigeria’s Skye Bank may sell subsidiaries to boost capital
22/11/2016/Reuters By Chijioke Ohuocha | LAGOS Nigeria’s Skye Bank may sell some or all of its local and foreign subsidiaries as part of a review aimed at streamlining operations and boosting its capital adequacy, its chief financial officer said. The Nigerian central bank shored up Skye Bank in July with […]
