August 5, 2016/SEC The Securities and Exchange Commission (SEC) is pleased to notify the investing public that dividend warrants can now be deposited into savings accounts. This follows the directive from the Central Bank of Nigeria (CBN) via Circular referenced BPS/DIR/GEN/CIR/03/005 dated 28th July, 2016 instructing banks to allow customers […]
Updates
FX Related Costs Bite Harder On Earnings of Julius Berger Nigeria Plc
Culled—-Proshare August 5, 2016/Vetiva Research FX related charges drag Q2 into loss Weak Q2 bottom-line mutes strong profitability over the quarter FY’16 earnings forecast revised lower following disappointing H1 Valuation revised slightly lower amidst pressure on FY’16 earnings JBERGER reported a 94% y/y drop in H1’16 PAT to N136 million […]
CBN Issues Directives on the Removal of Fixed Interest Rate on Credit cards
Culled—-Proshare August 5, 2015/CBN The Central Bank of Nigeria, in furtherance of its efforts at strengthening the Nigerian Payments System, hereby issues the following directives; The Removal of fixed interest rate on Credit cards; Discontinuation of actual address verification in account opening, for customers with the Bank Verification Number (BVN) […]
