Stock Market – Page 33 – City Business News

October 13, 2016 No Responses

CBN faults report on Banks, caution against exceeding $50,000 annual limit on overseas withdrawal

No Nigerian Bank is in crisis, the Bankers Committee said on Wednesday after its 329thmeeting in Lagos. Briefing Journalists after the meeting, the Director, Banking Supervision of CBN, Tokunbo Martins described negative reports on the state of Nigerian Banks as...

October 11, 2016 No Responses

NSE Organises First Market Data Workshop

The Nigerian Stock Exchange (NSE) in collaboration with Independent Software Vendors (ISVs) and Market Data Vendors (MDVs) is set to host its inaugural Market Data Workshop, onTuesday, October 18, 2016 at The Civic Center, Victoria Island, Lagos. The wo...

October 7, 2016 No Responses

NSE Photo News

L – R Oscar N. Onyema, OON, Chief Executive Officer, Nigerian Stock Exchange (NSE) and Dr. Odunlami Kola-Daisi, Managing Director, Secure Electronic Technology PLC at the Closing Gong Ceremony at The Exchange on Thursday,

October 2, 2016 No Responses

NSE Photo News

L – R— Mr. Opeyemi Agbaje, Chief Executive Officer, RTC Advisory Services Limited; Ms. Tinuade Awe, General Counsel and Head, Listing and Regulation Division (LARD), The Nigerian Stock Exchange (NSE); Dr. Okechukwu Enelemah, Honourable Minister of Indu...

September 25, 2016 No Responses

World Federation of Exchanges unveils Cyber Resilience Principles

The World Federation of Exchanges (WFE) has published a set of principles around cyber resilience, intended to support and complement guidance already provided by global regulators. According to WEF, the principles have been drafted in consultation with memb...

September 20, 2016 No Responses

Elumelu seeks more U.S engagement, investment in Africa

The chairman of United Bank for Africa Plc, (UBA) Tony Elumelu, has called for more United States of America (USA) engagement in Africa through mutually beneficial trade and investment. Elumelu, who is on a business tour of the US...

September 12, 2016 No Responses

FG intensifies consultations on issuance of Green Bond

The Federal Government has commenced consultation with capital market stakeholders on the issuance of Green Bond. According to the Minister of Environment, Amina Mohammed, the process is expected to contribute to Nigeria’s development. Already, t...

September 6, 2016 No Responses

WFE reiterates partnership with IOSCO, G20 nations

The World Federation of Exchanges (WFE) has called for common approach to issues among International Organisation of Securities Commission (IOSCO) and G20 nations. Reacting to the European Securities and Markets Authority’s (ESMA) Discussion Paper on Dist...

September 1, 2016 No Responses

Airtel, Nestle CEOs list modalities for improved GDP

The critical role of private sector in the development of Nigeria’s economy took the centre stage on Wednesday at the second edition of Nigerian Stock Exchange (NSE) Chief Executive Officers (CEOs) roundtable discussions in Lagos. Some Chief Executive Off...

September 1, 2016 No Responses

CBN lifts forex ban on eight banks

The Central Bank of Nigeria (CBN) has re-instated eight banks banned from operating in the country’s foreign exchange market. The re-instated Banks are First Bank of Nigeria (FBN), First City Monument Bank Plc, Diamond Bank Plc, Sterling Bank Plc,.....

August 31, 2016 No Responses

CBN approves 11 international money transfer operators

The Central bank of Nigeria (CBN) has licensed 11 new international money transfer operators (IMTOs) to do business in the country’s foreign exchange market. A statement issued by CBN spokesperson Isaac Okorafor, explained that the licensing was in further...

August 31, 2016 No Responses

WestBlue adopts GTBank’s multiple channels for fees collection

The IT Consulting and Technology firm contracted by the Government of Ghana to implement the National Single Window Platform, WestBlue Consulting, has adopted Guaranty Trust Bank’s safe, strong and robust payments and collections channels. A statement iss...

August 30, 2016 No Responses

NSE tasks dealing clerks on professionalism, integrity

The Nigerian Stock Exchange (NSE) has challenged recently qualified dealing clerks to maintain internal values of Professionalism, Integrity, Transparency and Reliability. Speaking at the induction ceremony on Monday, the Chief Executive Officer of NSE, Mr ...

August 29, 2016 No Responses

LCCI faults suspension of Banks from forex transactions

The Lagos Chamber of Commerce and Industry (LCCI) on Sunday described the suspension of nine Banks from foreign exchange (forex) transactions as counter productive. LCCI Director General, Muda Yusuf said: “These are shocks that the economy can ill afford....