Markets

CBN unveils guidelines for Payments System Holding Companies’ licensing

The Central Bank of Nigeria (CBN) has unveiled guidelines for licensing and regulation of payments system holding companies (PSHC), saying,…

5 years ago

CBN should provide clarity in forex policy, say analysts

The Central Bank of Nigeria (CBN) has to remove the opaqueness that has shrouded the country’s foreign exchange policy, to…

5 years ago

Nigerian Exchange declines 0.31% this week

The Nigerian equity market dipped two out of five trading sessions, ending the week 0.31% lower to settle at 38547.08…

5 years ago

AELP link to boost trading between NGX, other African exchanges

Cross-border trading from one African securities exchange to another comes to a step closer after the African Securities Exchanges Association…

5 years ago

Unity Bank declares N23.6bn gross revenue for H1 2021

Unity Bank Plc has posted a half-year result posting gross earnings of N23.6 billion, which is a 3% increase compared…

5 years ago

CBN to refund capital deposits, licensing fees of pending BDC applicants

The Central Bank of Nigeria (CBN) has announced that it will commence the immediate refund of capital deposits and licensing…

5 years ago

IMF warns against adoption of cryptocurrencies as legal tender

The International Monetary Fund (IMF) has warned against the adoption of cryptocurrencies like Bitcoin and Ethereum as legal tenders. In…

5 years ago

Nigerian equity market downtrend extends to third consecutive sessions

The Nigerian Exchange declined further for the third consecutive trading session on Thursday, driven by sell pressure in BUACEMENT, GTCO,…

5 years ago

ABCON promises to obey CBN directives on FX sales ban

Bureau De Change (BDCs) operators have promised to abide by all the directives of the Central Bank of Nigeria (CBN)…

5 years ago

Investors react negatively to rates retention as Nigerian equity market dips 0.12%

The Nigerian equity market swang southward on Tuesday as the Monetary Policy Committee (MPC) of the Central Bank of Nigeria…

5 years ago

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