14/10/2016/NAN The Central Bank of Nigeria has approved a Special Secondary Market Intervention Retail Sales for airlines operating in the country to enable them to access foreign exchange. The Deputy Director, Press and Public Affairs, Ministry of Transportation, Mr. James Odaudu, announced the plan in a statement in Abuja on […]
Updates
Nigeria central bank holds dollar forwards auction as currency crisis deepens
14/10/2016/Reuters By Oludare Mayowa and Chijioke Ohuocha Nigeria’s central bank will sell two-month dollar forwards at an auction on Friday to clear a backlog of demand from airlines, manufacturers and other companies, traders and the ministry of transport said, as the country’s currency crisis deepens. Dollar shortages have caused many […]
NASD OTC Q3’16 Market Summary
Culled—Proshare 14/10/2016/NASD PLc The OTC market grew in size and structure in the 3rd quarter [“Q3”] of 2016. At the end of the quarter, 31 securities traded on the NASD OTC market as against 28 securities in the previous quarter. Admitted Securities market capitalisation on the NASD OTC Market stood […]
