Capital market registrars in the country have urged the Securities and Exchange Commission (SEC) to implement the recommendations of the Registrars Information Technology Infrastructure Review Committee as a way of resolving all share registration challenges in the market. Rising unclaimed dividends and delay in certificate verification, among others, are some […]
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Heritage Bank Opens First Set Of Branches
Heritage Bank, the newest player in the Nigerian banking sector, has opened its first two branches in Marina, Lagos and Dugbe in Ibadan, the Oyo State Capital. While the Marina branch went on stream mid-March, the Ibadan office opened for business in the first week of April. Describing the development […]
Forex market: CBN sold $3.89bn in Q1
The Central Bank of Nigeria sold a total of $3.89bn at the Wholesale Dutch Auction System in the first quarter of this year. Calculations by our correspondent showed that the apex bank also offered a total of $4.04bn within the period at the bi-weekly foreign exchange auction. The breakdown of […]
