In this interview with PETER OBIORA, Online editor at InvestAdvocate, Barrister Bisi Iyaniwura, Investment Lawyer in Lagos Nigeria takes on issues regarding the Asset Management Corporation of Nigeria (AMCON), how the Nigerian Stock Exchange is administered, issues of Corporate Governance as regards Quoted Companies and Banks, and other matters arising. Excerpts: […]
Tag: CBN
CBN to phase out COT By 2016
By Richard ABANGWU InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has planned to phase out Commission on Turnover (COT) by year 2016 according to a Revised Guide to Bank Charges. This is contained in a circular with reference number: “FPR/DIR/GEN/CIR/03/002, dated March 27, 2013, and signed by I.T Nwaoha […]
Nigerian naira eases on importers’ dollar demand
The Nigerian naira eased against the U.S. dollar on the interbank and the bi-weekly foreign exchange auction on Wednesday as strong demand for the greenback from importers exerted pressure on the local currency. The naira closed at 160.90 to the dollar on the interbank market, compared with Tuesday’s close of […]
