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MayThe Stock market on Monday closed on a positive note with a marginal growth of 0.03%. The All Share Index and Market Capitalisation stands at 52,231.29 points and N28.44 trillion respectively. Ina stock market review with the MD/CEO of Global View Capital Limited, Aruna Kebira, the following were discussed: Excerpts: • The market on Monday closed on a positive note […]
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MayRecent inflation report published by the National Bureau of Statistics has revealed that in April 2023, the headline inflation rate rose to 22.22% relative to March 2023 headline inflation rate which was 22.04%. Looking at the movement, the April 2023 inflation rate showed an increase of 0.18% points when compared to March 2023 headline inflation rate. Similarly,[…]
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MayThe 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[…]
