11/10/2016/Punch Oyetunji Abioye The Central Bank of Nigeria on Wednesday raised concerns about what it called the indiscriminate and suspicious manner some bank customers were spending dollars and other foreign currencies abroad through their naira debit cards. Consequently, the regulator said it had through the Bankers’ Committee concluded that bank […]
Updates
AfDB approves 570 Million Rands Loan to Finance Affordable Housing in South Africa
October 12, 2016/AfDB The Board of Directors of the African Development Bank Group (AfDB) has approved a Senior Loan of ZAR 570 million to South Africa’s Housing Investment Partners Trust 2 -HIP2), also known as Vulumnyango Trust, to help finance affordable housing programmes in the country. The loan will help […]
NSE Halts 2-Day Consecutive Gain on Consumer, Industrial Goods Counters
October 12, 2016/InvestmentOne Research Following two consecutive sessions of gains, the equities market declined today, falling -0.03% to 28,027.23pts. The negative close was largely driven by the declines in NESTLE (-45pts), WAPCO (-19pts) and DANGSUGAR (-7pts). These performances offset the gains in GUINNESS (+17pts) and Banking names; UBA (+14pts) and […]
