By Kayode Tokede The equities market performance of the Nigerian Exchange Limited (NGX) last week dropped by 0.1 per cent as it was not immune to the rout in global equities. This is coming on the heels of losses recorded…
By Kayode Tokede Nigerian Exchange Limited (NGX) has said that the collaboration between FinTech and the capital market will effectively create a digital economy as well as increase financial inclusion and cashless payments. The Chief Executive Officer, NGX, ably represented…
By Kayode Tokede United Capital Plc has notified the Nigerian Exchange Limited (NGX) that it has secured the approval of FMDQ Securities Exchange Limited to increase in the size of its existing N20 billion Commercial Paper (CP) programme to N50…
By Kayode Tokede DataPro Limited, a leading national Credit Rating Agency (CRA) recognised and approved by the Securities & Exchange Commission (SEC), has in its latest report assigned “A” rating to DLM Capital Group Limited with a stable outlook for the…
By Kayode Tokede The Capital Market Support Committee for COVID-19 (CMSCC) has donated 2000 protective suits to the Lagos State Government to help battle the current third wave of COVID-19 pandemic in the state. The CMSCC is a Securities and…
NIRSAL Micro Finance Bank has debunked the claims that it shut out about 100,000 loan applications in Anambra state. The Micro Finance Bank made this known in a statement made available to journalists in Abuja on Sunday. The statement reads,…
By Olaleye Aanuoluwapo, Abuja Weeks the Central Bank of Nigeria (CBN) suspended Foreign Exchange (FX) sales to Bureau De Change (BDC) operators for allegedly facilitating money laundering and other infractions, the Naira has depreciated significantly against the Dollar at the…
By Goke Ilesanmi Tenses and discourse accuracy Last week, we said there are four different skills of communication, that is, listening, reading, speaking and writing. We advised that business writing, especially for external communication to customers, suppliers, investors, etc., should…
Rounds over recent reports of surrendering turn of Boko haram/Islamic State West Africa Province (ISWAP) terrorists have been taking a toll at a dimension which calls for deep thoughts. It is rational enough that depth of thoughts be given to…
By Matthew Denis, Abuja The President of National Association of Microfinance Banks (NAMB), Alhaji Yusuf Ahmed Gyallesu has debunked the allegations that some of their members are engaging in the foreign exchange (FX) operations for clients. Nigerian NewsDirect gathered from a…
