CMOs responsible for N200 billion unclaimed dividends in Nigeria – SEC
The Securities and Exchange Commission (SEC) on Thursday is blaming some Capital Market Operators (CMOs) rise in unclaimed dividends in…
Category: Finance
Nigeria hits 18.17% inflation rate in March 2021 – NBS reports
Nigeria hit an inflation rate of 18.17% (year-on-year) in March 2021 according to the consumer price index, (CPI) which measures…
Things to know about the money market in Nigeria
The money market in Nigeria. The money market is one in the collection of mutual funds that offer high liquidity…
CBN extends CRMS to Microfinance, Development, other banks
The Central Bank of Nigeria (CBN) is extending its Credit Risk Management System (CRMS) to Primary Mortgage Banks, Microfinance Banks…
Fixed deposit in Nigeria or CDs – what you need to know
There is hardly any difference between a certificate of deposit CD and a fixed deposit which is the service available…
Dangote Cement seeks debt funding options under N300bn bond issuance programme
The Dangote Cement Plc. board of directors has approved access to the Capital Market for support and maximizing available sources…
FG not adopting flexible foreign exchange rate or NAFEX – CBN
The Central Bank of Nigeria, CBN, has said that the FG is not adopting a foreign exchange rate or NAFEX…
FG adopts the NAFEX rate for its official FOREX transactions
The Federal Government is adopting the investors and exporters rate, NAFEX currently averaged at N410 to $1 for its official…
Nigeria: Domestic and foreign portfolio investment (FPI) for February 2021
Nigeria: Total domestic and foreign portfolio investment, FPI at NSE in February was lower than January by 7.26%. The Nigerian…
CBN requirements for innovative products under the regulatory sandbox
What is the CBN regulatory sandbox? The Central Bank of Nigeria has a regulatory sandbox that it adopted in 2021…