Capital Market Archives — Page 53 of 54

May 9, 2019 No Responses

Buhari Reappoints Emefiele As CBN Governor For Second Term

President Muhammadu Buhari has reappointed the Governor of the Central Bank of Nigeria, Godwin Emiefele, for a second and final term of five years.A letter to the Senate seeking Mr Emefiele’s confirmation was on Thursday read out by Senate President Bukola...

May 8, 2019 No Responses

Uwaleke To Investors: Leverage On Low Prices Of Stock

A Professor of Finance & Capital Market, Uche Joe Uwaleke has advised investors to take advantage of the prevailing low equities pricing in the Nigerian stocks market to boost their investment opportunities. Uwaleke, who is also the head, Banking ...

May 8, 2019 No Responses

CBN Lifts Forex Market With $205m

The interbank segment of the Foreign Exchange Market has received a boost of $205 million from the Central Bank of Nigeria (CBN) following the sales concluded on Tuesday, May 7, 2019. Figures obtained from the CBN indicated that authorized dealers...

May 7, 2019 No Responses

Financial Literacy Team Visits FIRS Boss, Explains Capital Market Studies Curriculum

There are indications that the proposed stand-alone curriculum on Capital Market Studies, CMS, will soon be infused into carrier subjects in Basic and Secondary Schools in Nigeria.This indication was given by the Chairperson of the Financial Literacy Technical...

May 6, 2019 No Responses

SEC Receives MTN’s Application For Listing on Nigerian Stock Exchange

The Securities and Exchange Commission (SEC) on Monday disclosed that MTN Nigeria has formally applied for listing by introduction on the Nigerian Stock Exchange (NSE). SEC Head, Corporate Communications, Efe Ebelo, who confirmed the development explaine...

May 6, 2019 No Responses

Textile Smuggling: CBN To Blacklist Banks, Firms, Individuals

To revive Nigeria’s moribund cotton, textiles and garments sector, the Central Bank of Nigeria (CBN) on Monday commenced the distribution of cotton seeds and other inputs to farmers in Katsina State.To encourage local textile production, the apex bank also t...

April 28, 2019 No Responses

SEC Nigeria To Align Master Plan With Current Economic Realities

The Securities and Exchange Commission (SEC) is to align the 10 Year Capital Market Master plan with current economic realities as well as ensure the planned review is concluded in record time. Acting Director General of SEC Nigeria, Ms. Mary Uduk...

April 26, 2019 No Responses

Access Bank Shareholders Get 25kobo Final Dividend

Shareholders of Access Bank Plc on Thursday approved the final payment of 25kobo dividend. Speaking during the Annual General Meeting in Lagos, the Shareholders also commended the Board and Management of the Bank on the successful merger with Diamo...

April 26, 2019 No Responses

Microsoft Hits $1trillion Market Value

Microsoft has seen its stock market value top $1 trillion (£774bn) after reporting better-than-expected sales and profits. The US software giant passed the mark briefly on Thursday, before its share price fell back. It makes it one of only three...

April 24, 2019 No Responses

CBN Records N718.0b, $1.1b From NCR In 2018

The Central Bank of Nigeria (CBN) has said that it recorded a huge leap in the value of financing statements under the National Collateral Registry (NCR) in the last five years from N487 billion and $20 million in 2017 to...

April 14, 2019 No Responses

Emefiele To Investors: Nigeria Ready For Business

The Central Bank of Nigeria (CBN) has assured investors and the international community that the country has gone through a successful election and was ready for investments. The CBN Governor, Godwin Emefiele, in Washington DC, at the weekend, held an...

April 12, 2019 No Responses

Tony Elumelu Foundation Hosts European Commission, Finance Institutions, Others In Brussels

At a time when Europe’s relationship with Africa is high on foreign policy and developmental agenda and with the European Union beginning to deliver on its 2017 External Investment Plan, targeted at attracting investment and job creation in Africa, the...

March 31, 2019 No Responses

Analysts Make Assessment Of CBN’s Report Card Under Emefiele

The Central Bank of Nigeria Governor, Mr. Godwin Emefiele can be described as the proverbial cat with nine lives considering the storms he weathered in the past five years. Typically, in Nigeria’s political scene, it is usually not easy for...

March 29, 2019 No Responses

MPR Reduction: More Experts Laud CBN

The Lagos Chamber of Commerce and Industry (LCCI) has commended the Central Bank of Nigeria (CBN) for reducing the Monetary Policy Rate (MPR) by 50 basis points from 14 per cent to 13.5 per cent. Its Director-General, Mr. Muda Yusuf...