Updates

Provisioning For Foreign Currency Loans

July 27, 2016/CBN In continuation of the efforts to enhance efficiency, facilitate liquidity and transparency in the foreign exchange market, the CBN issued the Revised Guidelines for the Operations of the Nigerian Inter-bank Foreign Exchange Market on June 15, 2016. One of the effects of the Guidelines, which liberalized the […]

Looking Forward: With VocaLink, A Choice-Filled Future

July 28, 2016/MasterCard Michael Miebach I’m not a fortune teller, but I now see the future of payments clearly. How people pay and are paid will increasingly be characterized by a seamless, integrated experience predicated on choice. That is the demand, no matter who you are, where you are and […]

NSE Halts 2-Day Bullish Run on Weakened Investors’ Appetite, ASI Down 0.56%

  By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Thursday halted a two-day gaining streak as the all-share index (ASI) dropped 0.56 percent to close at 28,046.96 points, while market capitalisation dropped by N54.49 billion to N9.63 trillion. “Today’s negative close increased the Month-to-Date and Year-to-Date losses […]