The House of Representatives, Thursday, urged the Central Bank of Nigeria (CBN) to stop the use of foreign currencies as means of exchange in local and domestic transactions in Nigeria. The decision was arrived at the plenary following the adoption of a motion brought before the House by Hon. Nadu S. […]
Tag: Nigeria
Nigerian equities attractive to investors – RenCap
Renaissance Capital, a unit of the Russian investment bank, has said Nigerian equities market remains attractive to both local and institutional investors. The bank has, therefore, recommended that investors who want to record profits in their investments should consider increasing their holdings in the Nigerian equities. Rencap’s Chief Executive Officer, […]
Banks slash current account charge to N3 …plan to reduce other charges
The Bankers Committee has said Deposit Money Banks in the country have agreed to reduce all bank charges in order to enhance financial inclusion. As a first step, the committee has already endorsed the downward review of the Commission on Turnover charged current account holders from N5 on every N1,000 […]
