Shareholders of First City Monument Bank Plc have approved the delisting of the bank preparatory to the listing of FCMB Holdco on the Nigerian Stock Exchange. The shareholders during the bank’s Court Ordered Meeting in Lagos on Monday unanimously agreed that all holders of ordinary shares of the bank as […]
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Nigerian naira falls on strong dollar demand
Nigeria’s naira currency eased marginally against the U.S dollar on the interbank market on Monday after a sudden dollar buying pressure from a lender depressed liquidity in the market, traders said. The naira closed at 157.15 to the dollar on the interbank, weaker than the 157.10 to the dollar on […]
CBN: Removal of ATM Charges Effective Next Monday
The Bankers’ Committee Sunday said the decision earlier reached to suspend all charges accruing from the use of Automated Teller Machines (ATMs) of other banks would be implemented from Monday, December 17. Governor of the Central Bank of Nigeria (CBN) and Chairman of the Bankers’ Committee, Mallam Sanusi Lamido Sanusi, […]
