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 […]
Why we projected 25% returns for stock market this year — Capital Bancorp analyst
Mr. Aigboje Higo, Chief Executive Officer, CEO, Capital Bancorp Plc, in this interview speaks on issues that will influence the Nigerian stock market, interest rate and the economy in general in 2018
NB beats Forte Oil, others to early release of 2017 financials
DESPITE its huge operations, Nigerian Breweries, NB Plc has beaten all quoted companies by coming out first with the full year ended December 31, 2017 financial statement.
Eurobond: Nigeria external reserves to hit 54 months high of $45bn
Statutory allocation funds to lower cost of funds By Babajide Komolafe NIGERIA’s external reserves will rise to 54 months high of $45 billion this month following the conclusion of federal government’s $2.5 billion Eurobond this week. The Eurobond, which commenced last week with the announcement of its pricing on Thursday, will be concluded on Friday. According […]
Understanding Dormant Bank Account
YOUR bank account becomes dormant if you don’t use it to perform any transaction for two years. Such transactions include withdrawal of cash at a branch or Automated Teller Machine (ATM), payment by cheque, transfer of funds through Internet banking, mobile banking or ATMs, receiving dividend on shares or the interest of your fixed deposit in your savings account.
Industrial goods sector to benefit from increased CAPEX
AGAINST the bear run that ruled the stock market last week and saw all the sectors close in the red, investment bankers and stockbrokers have said that the industrial goods sector will benefit immensely from the proposed N2.4 trillion capital expenditure in the 2018 budget.
