CBN to Nigerians: Handle Naira with dignity
KANO — The Central Bank of Nigeria, CBN, has urged Nigerians, particularly traders, to handle the naira with care, pride and dignity to prolong the lifespan of banknotes and reduce the cost of replacing soiled and mutilated currency. The Director, Currency Operations and Branch Management, Dr Adedeji Adetona, gave the advice on Monday during a […]
Shareholders seek extension of free e-dividend registration
Shareholders of quoted companies in the country, under the aegis of Proactive Shareholders of Nigeria, PROSAN, have called on the Securities and Exchange Commission, SEC to extend the period of its free e-dividend registration due to the breakdown of its portal.
CBN injects $210m as Naira appreciates to N360.19/$
The Naira started the week with a 51 kobo appreciation to N360.19 per dollar in the Investors’ and Exporters’ (I&E) window, even as the Central Bank of Nigeria (CBN) injected $210 million into the foreign exchange market.
House c’ttee on banking expresses satisfaction with Arik Air
The Chairman of House of Representatives Committee on Banking and Currency, Hon. Jones Chukwudi Onyereri , weekend, expressed satisfaction with the level of turn around of the fortunes of Arik Air by the present management, led by Capt. Roy Ilegbodu, the Chief Executive Officer.
Nigerian Stock Exchange: Japaul Oil, Unity Bank top gainers
After declining by 16 percent in response to the Nigerian Stock Exchange, NSE, par value rule that allows stock to trade to as low as one kobo, Japaul Oil and Maritime Services Plc, today rebounded by 9.52 percent following profit taking by investors that had earlier booked some profits.
Naira remains stable against dollar, euro
The Naira on Monday remained stable as it traded at N362 to the dollar at the parallel market, same amount it was sold last Friday.
