Author: InvestAdvocate

Euro Debt Optimism, Davos ’Financial Safety’ Debate: Compliance

The worst of Europe’s debt crisis is over in the eyes of most international investors, a shift in sentiment reflected by increased demand for the region’s financial assets. Fifty-seven percent of the investors, analysts and traders who are Bloomberg subscribers said in a poll conducted last week that Europe’s bond […]

Nigeria to Sell Abuja Commodity Exchange Stake to Revive Market

Nigeria’s government plans to sell its ownership of the Abuja Securities & Commodities Exchange by the middle of the year after missing an initial deadline in a plan to revive trading. “The government wants to privatize the only commodity exchange and it had committed to doing it by the end […]

Nigeria Bourse CEO Says Close to Hiring Advisers for Share Sale

The Nigerian Stock Exchange is close to hiring external advisers as it prepares to distribute shares to its members and hold an initial public offering, said Chief Executive Officer Oscar Onyema. The Lagos-based bourse aims to submit a plan for sale as long as there are no “legislative issues,” Onyema […]