Financial Services

February 27, 2018

Nigeria Update: Bank stocks depreciate on panic over CBN’s dividend rule

Panic over the Central Bank of Nigeria (CBN’s) directive on dividend payment, among other factors impacted negatively on the stock market, as most banking stocks constituted […]
February 26, 2018

World Update: IMF, France seal $2.9b deal for low income countries

The low income economies, mostly dominated by Sub-Saharan African countries, may be in for another debt treat as the International Monetary Fund (IMF) and French central […]
February 26, 2018

Nigeria Update: Financial stocks contribute 75% to market turnover

The financial services industry dominated in volume terms at the end of last week’s transactions on the equity sector of the Nigerian Stock Exchange (NSE).The sector […]
February 26, 2018

Nigeria Update: Stakeholders urge CBN to expose loan defaulters

  Apparently irked by the recent Central bank of Nigeria (CBN) directive, restraining deposit money banks with huge bad loans from paying dividend, a shareholders’ group, […]