The Central Bank of Nigeria (CBN) has ordered banks and other financial institutions to close accounts without Bank Verification Number (BVN) in 30 days. In a review of the Regulatory Framework for Bank Verification Number (BVN) Operations and Watch-list for the Nigerian Banking Industry, the CBN directed banks to link customer’s BVN to related accounts/wallets (except Tier […]
The Nigerian stock market closed the week to day lower as 0.04% gain in MTN Nigeria was not enough to keep the market afloat, coupled with profit taking in other 30 stocks that shed weight last week. The stock market last week closed on a negative note, shedding 0.48%, week on week.The All Share Index was down[…]
BUA Foods Plc on Wednesday published its Frist Quarter report for the period ended 31 March 2023. The report shows significant growth in the Group’s top line and bottom line figures. A turnover of N144.318 billion for the 3 months period, up by 60.23% from N90.067 billion reported the previous year. Profit after tax grew year on[…]