Updates

MTN says it complied with funds transfer rules in Nigeria

October 21, 2016/Reuters MTN Nigeria complied with fund transfer rules in Nigeria and did not pay dividends until it obtained regulatory approvals to send money out of the country, denying allegations that it transferred $14 billion illegally, it said on Friday. The telecom firm said “certificates of capital importation” were […]

Naira holds ground against Dollar in both markets

Culled—Proshare October 21, 2016/TheAnalyst Today Naira appreciated against Dollar in parallel FX market by 0.22% to close at N453.00, but traded flat at interbank FX Market to close at N304.75. Also, end of the week analysis revealed Naira holding ground against dollar in both markets, to appreciate by 1.31% in […]

FBN Capital Set to Host Key government, Business Leaders at Annual Investor Conference

October 21, 2016/First Bank of Nigeria Ltd In line with the commitment to provide a platform that will facilitate interaction for identifying sustainable growth opportunities in Nigeria, FBN Capital Limited, the Investment Banking and Asset Management subsidiary of FBN Holdings Plc. will host its Annual Investor Conference on October 27, […]