August 3, 2016/NSE On a monthly basis, The Nigerian Stock Exchange polls trading figures from major custodians and market operators on their foreign portfolio investments (FPI). The table below shows an analysis of transactions on The Exchange at the end of June 2016. Table 1: Analysis of Transactions for the […]
Updates
CBN Says Customers Can Now Deposit Cheques Up to N2 million into Savings Accounts
By InvestAdvocate Lagos (INVESTADVOCATE)- The Central Bank of Nigeria on Tuesday said bank customers can now deposit cheques not more than N2 million in value into their savings account per day. This is contained in a circular with reference number BPS/DIR/GEN?CIR/03/005 dated July 28, 2016 and signed by Dipo Fatokun, […]
CBN Warns: Beware of Unregistered Money Transfer Operators
3/8/2016/CBN The Central Bank of Nigeria (CBN) wishes to advise Nigerians at home and in the Diaspora to beware of the unwholesome activities of some unlicensed International Money Transfer Operators (IMTOs) in Nigeria. This warning has become necessary because of the activities of some unregistered IMTOs, whose modes of operation […]
