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Naira Bows to further pressure on Strong dollar demand

A review of today’s activities with respect to events at the foreign exchange market confirmed the following key developments:

  ♦      Today, the naira exchanged for N226/$1 to dip further by -1.57% against yesterday’s price of N222.5/USD1, to further worsen the value of the naira.


Earnings driven Bull Transition still intact

The ongoing bullish rallyis no doubt unprecedented and beyond analysts’ expectation; consistent amidst weak macro-economic variables and political uncertainties. Expectedly, traders and investors are positioning


CBN is Prime Regulator in Banking Supervision - Senate

The Chairman, Senate Committee on Banking, Insurance and Other Financial Institutions, Senator Bassey Edet Otu says that the position of the Central Bank of Nigeria (CBN) as the prime regulator in Nigeria’s financial system cannot be disputed.


Equity market bows to profiteering after N1.20trillion gain in 18days

The equities market closed today on a negative note, as NSE ASI depreciated by -1.55% to close at 30,869.17 basis points, compared with the +0.51% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -10.93%


AFRIPRUD Recommends 35kobo dividend per share in '14 Audited result

We hereby notify the Stock Exchange of the following resolutions passed at the Meeting of the Board of Directors of Africa Prudential Registrars Plc held on Monday, March 9, 2015.