New License Strengthens Direct Bank Partnerships, Reducing Costs for the Nigerian Diaspora November 7, 2024/Africhange Africhange, a leading cross-border remittance service provider, announced today that its Nigerian subsidiary, Currenzo, has secured the International Money Transfer Operator [IMTO] licence from the Central Bank of Nigeria [CBN]. This strategic move significantly improves […]
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Voluntary Currency Disclosure Scheme
November 7, 2024/CSL Research On 31 October 2024, Mr. Wale Edun, the Honourable Minister of Finance and Coordinating Minister of the Economy, announced the launch of the Foreign Currency Voluntary Disclosure, Depositing, Repatriation, and Investment Scheme, also known as the Disclosure Scheme. This initiative is in line with Executive Order […]
Intraday Update: Nigerian Stocks Gain +0.27%, Buoyed by Blue Chips
November 7, 2024/InvestmentOne Update ASI as at 12.00pm: +0.27% Top Gainers and Losers: ARADEL (+10.00%), JOHNHOLT (+9.77%), MAYBAKER (-9.62%) and TANTALIZER (-9.37%). Sector Performances: Banking (+0.28%), Consumer Goods (+0.01%), Oil & Gas (-0.04%) and Industrial (-0.03%). Market activity: In today’s trade, total volume and value advanced by 177% and 116% […]
