By InvestAdvocateLagos (INVESADVOCATE)-Niger Insurance Plc, operating in the insurance sub-sector of the Nigerian Stock Exchange (NSE) on Monday said it has increased its dividend payout to investors of the company 17 percent (17%) to 3.5 kobo from 3 kobo in its 2013 Financial Year End (FYE). According to the company, […]
Author: InvestAdvocate
$300m Diaspora bond attracts investors as DMO advances on issuance
Investor interest is building up on Nigeria’s $300 million bond set to debut before the end of the year, just as the Debt Management Office (DMO) advances preparations for the issue. Abraham Nwankwo, director-general, DMO, who disclosed this, said the bond issuance had been planned for the year but the […]
BDC Operators Protest New CBN Licensing Requirements
By Yakubu LAAH InvestAdvocateLagos (INVESTADVOCATE)-The Association of Bureaux De Change (BDC) Operators of Nigeria (ABCON) has protested the new licensing requirements affirming it’s an indirect attempt to empower few operators in the sub-sector and consequently force many of them out of the market. Aminu Gwadabe , president of ABCON said […]