By Agency Reporter Tuesday, 8 Feb 2011 Stakeholders in microfinance banks have called on the Central Bank of Nigeria to grant additional six months to the 121 microfinance banks given provisional licences to operate. The 121 microfinance banks are among the 224, whose licences were revoked in September 2010. They were […]

By Udeme Ekwere Tuesday, 8 Feb 2011 The Director-General of the Securities and Exchange Commission, Ms. Arunma Oteh, on Monday said the regulatory agency was working on reducing the number of stockbrokers from more than 300 to a manageable size. She said at a press briefing in Lagos on Monday that […]

By Agency Reporter Tuesday, 8 Feb 2011 The naira eased on both the interbank and official markets on Monday as demand for the United States dollar outstripped supply, with traders expecting the local currency to weaken further in the week. The naira fell to N152.71 to the dollar at the interbank […]