THE depreciation of the naira in the last two weeks may persist this week following increased demand for dollars triggered by political campaign activities across the country. Last week, the naira depreciated to new levels in the parallel market and in the Investors and Exporters, I&E, window.

WITH the absence of new information, especially in relation to earnings reports, to drive activity in the equities market, analysts have said that the intensity of sell-off will increase this week and over the remaining part of the year.

MANAGING Director, Heritage Bank Plc, Ifie Sekibo, has emphasized the importance of human capacity development amongst staff of financial institutions for improved operations.

IN a move to boost trading in unlisted securities, the Securities and Exchange Commission, SEC, said it is working in conjunction with the Corporate Affairs Commission, CAC, to enforce compliance to securities registration by unlisted public companies.

THE European Investment Bank has signed a new fifteen year EUR 200 million loan agreement with the African Export-Import Bank, Afreximbank, aimed at supporting trade-related productive investments, including renewable energy projects, in Africa. The facility will support promoters in more than 40 countries across Africa with long-term funding.