Allow margin loans for investors to buybanks’ shares, stockbrokers urge CBN
Stockbrokers have urged the Central Bank of Nigeria (CBN) to allow the shares and other securities of publicly listed banks
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MARKETS
Fidelity Bank: Improved share price as growth indicator
When the management of the Nigerian Exchange Limited (NGX) in July 2023 announced that it was reclassifying Fidelity Bank Plc
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FG plans to merge CBN’s NIRSAL, Bank of Agriculture
The National Council on Privatisation, NCP, has announced that it was aiming to merge the Central Bank of Nigeria’s NIRSAL
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CBN takes further move to strengthen naira as it sells dollars to BDC operators at ₦1,021/$1
The Central Bank of Nigeria (CBN) has notified Bureau De Change (BDC) operators of the sale of $10,000 at
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Fidelity Bank grows profit by 131.5% in FY 2023
-declares a final dividend of 60kobo per share Leading financial institution, Fidelity Bank Plc, has released its 2023 full year
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ABCON asks CBN to bar non-oil export domiciliary account holders from accessing FX from official window
The Association of Bureau De Change Operators of Nigeria (ABCON) has requested that the Central Bank of Nigeria (CBN)
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Banks set new ATM withdrawal limits for customers
Nigerian commercial banks have instituted withdrawal limits on their automated teller machines (ATMs), with variations observed across different banks,
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VFD Group mulls split exchange for alternative finance for creative industry
VDF Group Plc has stressed the need for increased financing for the entertainment and media industry to boost foreign
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Nigeria’s public debts rise by N9.43tr in three months —DMO
The Debt Management Office (DMO) on Friday in Abuja revealed that Nigeria’s public debt stock rose by N9.43tr in three
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Naira rises by 4.55% after CBN clears FX backlog
Naira has maintained a steady appreciation, gaining 4.55 per cent of its value against the dollar on increased dollar supply
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