February 26, 2024/InvestmentOne Update ASI as at 12.00pm: +0.13% Top Gainers and Losers: GUINEAINS (+10.00%), NASCON (+10.00%), MANSARD (-10.00%) and SUNUASSUR (-9.57%). Sector Performances: Banking (+2.02%), Consumer Goods (+0.20%), Industrial and Oil & Gas. Market activity: In today’s trade, total volume and value increased by 37% and 26% respectively, when compared […]
Updates
CBN Says Customs to Use FX Closing Rate on Date of Form M for Import Duty Assessment
February 25, 2024/CBN Following the liberalization of the FX market on Willing Buyer — Willing Seller trading principle, the Central Bank of Nigeria has noted the concerns of Importers of goods and services in the irregular changes in the Import Duty Assessment levies applied by the Nigeria Custom service. These […]
CBN Unveils Exposure Draft of Its Revised Regulatory and Supervisory Guidelines for BDC Operations in Nigeria
February 24, 2024/CBN Pursuant to the powers conferred under Section 56 of the Banks and Other Financial Institutions Act, 2020 (BOFIA), the Central Bank of Nigeria (CBN) hereby issues this draft revised Regulatory and Supervisory Guidelines for Bureau de Change (BDC) Operations in Nigeria for stakeholder comments and/or inputs. The […]
