Updates

2016: Dangote Flour Mills returns to profitability…posts N12 bn profit

April 12, 2017/Dangote Group Dangote Flour Mills (http://Dangote.com) has posted a profit before tax of N11.82 billion for its financial year ended December 31, 2016. According to the results released on the floor of the Nigerian Stock Exchange (NSE), the company has returned to profitability after four years of losses. […]

WFE looks ahead to 34th IOMA Clearing & Derivatives Conference in Frankfurt

April 12, 2017/WFE The World Federation of Exchanges (“WFE”), which represents more than 200 market infrastructure providers including exchanges and CCPs, will hold its 34th IOMA Clearing & Derivatives Conference next week. The invitation-only event will take place from 19-21 April 2017, in Frankfurt, Germany. The event, hosted by Eurex, […]

CBN Sells $100m to SMEs

Culled—Proshare April 12, 2017/CBN … makes $100m spot wholesale … May open window for dividend remittances Small and Medium Enterprises (SMEs) in the country involved in the importation of critical and eligible finished and semi-finished goods can now heave a sigh of relief as the Central Bank of Nigeria (CBN) […]