Culled—-Proshare August 16, 2016/FMDQ Barely a week into the formal admittance of the N16.79bn UACN Property Development Company PLC’s Commercial Paper, FMDQ OTC Securities Exchange (“FMDQ” or “the Exchange”) has welcomed yet another listing – C & I Leasing PLC N600,000,000.00 18.25% Fixed Rate Bond, on its platform. To this […]
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CBN Increases Forex Limits To 50,000USD For BDCs
August 16, 2016/The Will The Central Bank of Nigeria (CBN) has increased the amount that banks can sell to Bureaus De Change (BDCs) from $30,000 to $50,000. This was disclosed by the Managing Director of UBA Mr. Kennedy Uzoka at the end of the Bankers’ Committee meeting in Abuja on […]
Zenith, GTBank, Nigerian Breweries Drives NSE Index up 0.27%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday closed on a bullish note as all-share index (ASI) gained 0.27 percent to close at 27,389.02 points. This is coming on the heels of sustained interest in large cap stocks such as the shares of Nigeria’s top […]
