WFE Explains Renewed Focus On Growth In Capital Markets

WFE Explains Renewed Focus On Growth In Capital Markets

The World Federation of Exchanges (WFE) on Friday co-hosted  a symposium with the Shanghai Stock Exchange (SSE) on the future of global capital markets. Held in Shanghai, the event brought  together WFE members and industry stakeholders to focus on three...
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CBN Approves Wider Margin For BDCs, Offers $100m To Wholesale Segment

CBN Approves Wider Margin For BDCs, Offers $100m To Wholesale Segment

The Central Bank of Nigeria (CBN) has approved an upward review of the trading margin available to operators of Bureau De Change (BDC) in the country. Consequently, BDC operators are now to buy the United States dollar from the CBN...
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Conoil Explains N1.4B Dividend

Conoil Explains N1.4B Dividend

Conoil Plc has proposed N1.4billion as dividend payout to its shareholders for its last financial year in the face of daunting economic challenges in the country. This translates to N2.00 on every 50 kobo ordinary share. It is in line...
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Investors Stake N70.2B On Stanbic IBTC, Access Bank, Zenith Bank In Four Days

Investors Stake N70.2B On Stanbic IBTC, Access Bank, Zenith Bank In Four Days

For the week ended June 1, 2018, transactions in Stanbic IBTC Holdings Plc, Access Bank Plc and Zenith Bank International Plc (measured by volume) accounted for 1.626 billion shares worth N70.285 billion in 2,882 deals, contributing 60.23% and 82.91% to...
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Oscar Onyema: My Strategic Agenda As ASEA President Is To Build Capacity

Oscar Onyema: My Strategic Agenda As ASEA President Is To Build Capacity

The Chief Executive Officer of Nigeria Stock Exchange (NSE) and President of  African Securities Exchanges Association (ASEA), Oscar Onyema has identified capacity building as key component of his administration.   In a chat with the World Federation of Exch...
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NSE, London Stock Exchange To Host Dual Listing Conference In Lagos

NSE, London Stock Exchange To Host Dual Listing Conference In Lagos

The Nigerian Stock Exchange (NSE), in partnership with London Stock Exchange Group (LSEG) will host the 5th edition of the NSE-LSE Dual Listing Conference on Friday, June 1, 2018, at Wheathbaker Hotel, Ikoyi, Lagos, Nigeria.  This year’s conference themed, ...
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Experts Highlight Role Of Exchanges In Preserving Market Integrity

Experts Highlight Role Of Exchanges In Preserving Market Integrity

The World Federation of Exchanges (WFE) panel on Thursday at a special meeting in London focused on the role of its members in preserving market integrity.   ​According to WFE, the ongoing debate will focus on the key themes in...
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CBN Sustains FOREX Market Intervention With $210M

CBN Sustains FOREX Market Intervention With $210M

The Central Bank of Nigeria (CBN), on Wednesday, May 30, 2018, again sustained its supply in the inter-bank Foreign Exchange market with the sum of $210 million  The Bank offered the sum of $100 million to authorized dealers in the...
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Emefiele Inspects Dollar Sales In Abuja

Emefiele Inspects Dollar Sales In Abuja

Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN), on Monday paid an unannounced visit to First Bank, UBA and Zenith banks offices in Abuja to inspect sales of foreign currencies to customers.   He said that the visit was...
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Sixty-One Equities Depreciates In Price As Investors’ Stake Drops By N416B In One Week

Sixty-One Equities Depreciates In Price As Investors’ Stake Drops By N416B In One Week

For the trading week ended May 25, 2018, Sixty-One equities on the floor of Nigeria Stock Exchange (NSE) depreciated in price, higher than fifty-four (54) of the previous week, while ninety-four (94) others remained unchanged lower than ninety-five (95) record...
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CBN Uplifts Forex Market With $210 Million

CBN Uplifts Forex Market With $210 Million

The Central Bank of Nigeria (CBN) has made available the sum of $210million, to meet customers’ requests in various segments of the foreign exchange market. In its quest to meet customers’ needs in the various segments of the market, the...
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FSD Africa Pledges More Support For Diamond Bank’s Financial Inclusion Project

FSD Africa Pledges More Support For Diamond Bank’s Financial Inclusion Project

The Financial Sector Development for Africa, (FSD Africa) an agency funded by the United Kingdom Government through UK Aid has reiterated its commitment to provide more support for Diamond Bank Plc on its financial inclusion drive.   This was stated...
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Monetary Policy Committee Meeting Communiqué

Monetary Policy Committee Meeting Communiqué

The Monetary Policy Committee (MPC) met on the 21st and 22nd of May, 2018 against the backdrop of optimistic global growth outlook and sustained recovery in the domestic economy. The Committee examined the performance, risks, vulnerabilities in the global and....
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UBA To Reward Loyal Customers In ‘Refer-a-Friend’ Campaign

UBA To Reward Loyal Customers In ‘Refer-a-Friend’ Campaign

Pan-African Financial Services Institution, United Bank for Africa (UBA) Plc will be rewarding its loyal customers who refer friends and family to the bank in its new diaspora campaign. The campaign is designed to reward customers of the bank who...
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