CBN re-introduces charges on cash deposits, withdrawals

CBN re-introduces charges on cash deposits, withdrawals

About three years after the policy was suspended, the  Central Bank of Nigeria (CBN) on Thursday announced the re-introduction of bank charges on certain categories of cash deposits and withdrawals.      In a circular to all Deposit Money Banks posted on...
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WFE unveils report on SME financing, equity markets

WFE unveils report on SME financing, equity markets

The World Federation of Exchanges (WFE) on Wednesday  published a report into exchanged-based financing of Small and Medium Enterprises (SMEs), aimed at identifying globally-consistent barriers and opportunities for enhancing SME access to equity finance. As ...
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Citigroup, others to issue Nigeria’s $1b Eurobond in 2017

Citigroup, others to issue Nigeria’s $1b Eurobond in 2017

The Federal Executive Council (FEC) has approved the appointment of transaction parties for the one billion dollars Eurobond to be issued in January, 2017. Speaking after the Federal Executive Council (FEC) meeting on Wednesday, the Minister of Finance Mrs Kem...
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Investors get N29b from unclaimed dividend in one year

Investors get N29b from unclaimed dividend in one year

Ongoing campaign by the Securities and Exchange Commission (SEC) for investors to embrace e-dividend mandate has led to the payment of N29 Billion out of N90 Billion unclaimed dividend  between November 2015 and this year.   Briefing Journalists on the...
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FBN Holdings takes financial literacy to youths

FBN Holdings takes financial literacy to youths

In its sustained commitment to encourage savings culture among Nigerians, FBN Holdings Plc joined the rest of the world on Monday in celebrating the 2016 World Savings Day by engaging children and youths on the rudiments of savings in line...
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FG to reflate economy with N350B

FG to reflate economy with N350B

The Federal Government has announced plan to boost the economy with additional N350 Billlion.   According to the Minister of Finance, Mrs Kemi Adeosun, plans are also underway to raise $1 Billion from Euro-Bonds by December, this year.  Briefing Journalists....
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