Forex: CBN threatens to sanction Banks, floods market

CBN Governor, Godwin Emefiele By Etuka Sunday The Central Bank of Nigeria (CBN) yesterday threatened to sanction any Deposit Money Bank (DMB) in breach of its earlier directive of March 3, 2017 instructing them to, among other things, open teller points for retail forex transactions and to have electronic display boards in all their branches, showing More...

by Peoples Daily | Published 1 month ago
By Peoples Daily On Wednesday, March 29th, 2017
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Forex: CBN slashes BDC rate to N360

Central Bank of Nigeria (CBN) …$100m offer fully subscribed By Etuka Sunday Barely 24 hours after its directive to Deposit Money Banks (DMBs) in the country to sell foreign exchange obtained from it to retail More...

By Peoples Daily On Monday, March 27th, 2017
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NSE : Capitalization dips by 0.80%

From Ngozi Onyeakusi, Lagos Transaction on the floor of the Nigeria Stock Exchange (NSE) last week ended on bearish trend as the twin market indicators ended red. Specifically, the NSE All-Share Index depreciated More...

By Peoples Daily On Monday, September 19th, 2016
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SEC charges Marijuana-Container Company with Illegal Stock Sales

The Justice Department and the U.S. Securities and Exchange Commission filed criminal and civil charges against two Colorado men who allegedly reaped more than $12 million from selling bogus stock linked to a hydroponic More...

By Peoples Daily On Monday, September 19th, 2016
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Equity market up by 1.02%

Stories from Ngozi Onyeakusi, Lagos Driven by activity in the financial services industry, transaction on the floor of the Nigeria Stock Exchange (NSE) last week ended on a bullish noted as market indicators ended More...

By Peoples Daily On Monday, August 8th, 2016
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Equity market dips by 2.09%

From Ngozi Onyeakusi, Lagos Heavy invest losses last week greeted stocks quoted on the floor of the Nigeria Stock Exchange (NSE) as market indicators ended red. Specifically, the NSE All-Share Index depreciated More...

By Peoples Daily On Monday, July 18th, 2016
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Stock market: Equities slide by 0.17%

Nigerian Stock Exchange (NSE) From Ngozi Onyeakusi, Lagos Transaction on the floor of the Nigeria Stock Exchange (NSE) has for the couple of weeks remained on a bearish trend as market indicators saw depreciations. Specifically, More...

By Peoples Daily On Monday, July 18th, 2016
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SEC determined to raise market participation – Gwarzo

In a sustained effort aimed at deepening the nation’s capital market, the Securities and Exchange Commission (SEC) says it is bent at raising the participation of retail investors in the market. This was disclosed More...

By Peoples Daily On Monday, July 4th, 2016
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Market capitalization dips by 4.39%

Nigerian Stock Exchange (NSE) From Ngozi Onyeakusi, Lagos Heavy investment losses last week greeted equities listed on the floor of the Nigeria Stock Exchange (NSE) as market indicators turned red. Specifically, More...

By Peoples Daily On Monday, June 13th, 2016
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Equity Market: investors decry low returns

Nigerian Stock Exchange (NSE) Stories from Ngozi Onyeakusi, Lagos Transaction on the floor of the Nigeria Stock Exchange (NSE) last week ended on the bearish note as market indicators turned red. Specifically, the More...