By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-MeriTrade online portal can offer investors in the Nigerian capital market (NCM) an opportunity to trade in shares of quoted companies with as low as 50,000 naira. Oluwole Abegunde, managing director (MD) of Meristem Securities Limited said investors can buy and sell shares of companies […]
Author: InvestAdvocate
MTN Full-Year Profit Gains on More Subscribers, Weaker Rand
MTN Group Ltd. (MTN), Africa’s largest wireless operator, said full-year profit increased 27 percent, exceeding estimates, after the South African rand weakened and subscriber numbers rose across its 22 markets. Headline earnings per share, which exclude one-time items, were 13.86 rand in 2013, the Johannesburg-based company said in a statement […]
CBN reviews 40% women board slot
The Central Bank of Nigeria (CBN) will by year-end, review banks’ compliance with its regulatory directive that lenders give 40 per cent board positions to women, its Acting Governor, Dr. Sarah Alade has said. Speaking at an International Sustainable Banking Forum organised by the CBN in collaboration with the International […]
