25/4/2016/ntel NatCom Development and Investment Limited (trading as ‘ntel’), the company that acquired the core assets of NiTel/MTel (in liquidation) played host to Barrister Adebayo Shittu, the honourable Minister of Communication at their Tier III data center in Lagos on Monday April 25, 2016. The minister who was accompanied by […]
Tag: FOREX
Banks channel forex to investors exiting equities, bond markets
April 4, 2016/The Nation By Collins Nweze Foreign investors repatriating profits and others exiting the Nigeria equities and bond markets last week triggered a rise in foreign exchange (forex) disbursement by leading banks. Many of the investors, after liquidating their investments, secured forex to repatriate their funds through Stanbic IBTC […]
Naira gains 6%, sells for 310 against dollar
March 3, 2016 By Oyetunji Abioye The naira gained six per cent against the United States dollar at the parallel market on Wednesday, closing at 310 against the greenback, foreign exchange dealers said. The local currency, which went for between 325 and 330 for one dollar on Tuesday, had been […]
