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MayIn line with its mandate to promote investor participation in Nigeria’s capital market, and enhance the secondary market, Nigerian Exchange Limited (NGX), in collaboration with Optimus by Afrinvest, is set to host market stakeholders in a virtual workshop on FGN savings bonds. The event, slated for May 25, is aimed at bringing retail investors, trading license holders […]
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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[…]
