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Afrinvest introduces online trading solution

AFRINVEST Securities Limited has launched a web portal that enables individual investors and institutional clients to trade Nigerian stocks and other investment products online, using their personal computers and other smart devices- Afrinvest.com.   The Managing Director of Afrinvest Securities Limited! Charles Egbunonwo, said: “Afrinvest has always placed a premium on the use of technology […]

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Banks face increased pressure to maintain higher CAR

Nigerian banks may soon be faced with increased pressure to maintain higher Capital Adequacy Ratio (CAR). This is as a result of the exclusion of non-distributable regulatory reserve and other reserves in the computation of regulatory capital of banks and discount houses as announced this week by the Central Bank of Nigeria (CBN).   Analysts […]