All posts tagged "headline"

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  CBN to boost forex liquidity with $30,000 to BDCs

  In order to improve liquidity in the Bureau De Change (BDC) segment of the foreign exchange market, the Central Bank of Nigeria (CBN) has disclosed plans to conduct a special intervention in that segment of the forex...

  • Posted February 5, 2015
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  NSE index gains 0.45%, 27 stocks rise

  The equities segment of the Nigerian Stock Exchange closed on a positive note for the second day this week on Tuesday on the back of gains by 27 stocks. The gains lifted the NSE All-Share Index by...

  • Posted February 5, 2015
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  Debt Management Office to sell N90bn bonds

  The Federal Government is planning to raise N90bn ($475m) in sovereign bonds with maturities ranging between five and 20 years at its next regular auction on February 11, the Debt Management Office has said. The debt office...

  • Posted February 5, 2015
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  SEC supports electronics share certificates

  The Acting Director-General, Securities and Exchange Commission, Mr. Mounir Gwarzo, has said the commission is committed to dematerialisation in the capital market as one of the means of boosting investors’ confidence. Dematerialisation refers to the conversion of...

  • Posted February 5, 2015
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  Power firms must now obey rules – NERC

  The Nigerian electricity supply industry on February 1, 2015 attained the much-awaited ttransitional stage electricity market, whereby wholesale buying and selling of power are based on contractual and regulatory rules. According to the Nigerian Electricity Regulatory Commission,...

  • Posted February 5, 2015
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  We are putting mechanism in place to curb tax evasion – FIRS

  The Federal Inland Revenue Service (FIRS) on Tuesday said it is putting a mechanism in place to curb the challenge of tax evasion in the country. This, according to the agency, is expected to boost the revenue...

  • Posted February 5, 2015
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  Foreign investors withdrew $4.5bn from Stock Market in 2014 – NSE

  Foreign investors sold off Nigerian stocks valued at N846.5 billion ($4.5 billion) last year, the Nigerian Stock Exchange (NSE) data showed on Monday. This was 65 per cent more than in 2013 as decline in oil prices...

  • Posted February 4, 2015
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  Four Nigerian banks among Top 500 Global Banks

  FirstBank of Nigeria Limited, Zenith Bank Plc, Guaranty Trust Bank Plc (GTBank) and Access Bank Plc have been ranked number one banking brand in Nigeria among the ‘Top 500 Banking Brands’ by The Banker magazine of the...

  • Posted February 4, 2015
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  SEC warns investors against illegal fund operator

  The Securities and Exchange Commission on Monday warned investors against investing in a fund called the Energy Sector Credit Enhancement Fund and dealing with Michelle-Vault Partners Limited. According to the commission, both the fund and its promoter,...

  • Posted February 4, 2015
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  CBN disburses N18.26bn to five power companies

  The Central Bank of Nigeria (CBN) on Monday commenced the disbursement of a total of N18.26 billion to five electricity distribution and generating companies as part of its N213 billion Nigerian Electricity Stabilsation Facility to the power...

  • Posted February 4, 2015
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