June 13, 2016/Nairametrics Commercial Banks have been reported by the Punch to have asked the CBN to limit across the counter withdrawals to just N10,000 in a move that is bound to be followed by a customer backlash and could even set the economy further back in its bid to […]
Updates
Naira to fall further ahead of new forex policy
11/6/2016/Punch Oyetunji Abioye with agency report The naira is expected to drop further against the United States dollar at the parallel market in the coming days as the Central Bank of Nigeria moves to release details of its new flexible exchange rate policy. The local currency was quoted at 368 […]
NSE Close Week in Red, ASI Dips 1.45% on Persistent Profit-Taking
By InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian Stock Exchange (NSE) on Friday closed in red as all-share index (ASI) and market capitalisation dipped by 1.45 percent to close the week at 27,232.62 and N9.353 trillion respectively. “Similarly, all other indices finished lower during the week, with the exception of the NSE […]
