Author: InvestAdvocate

Nigeria central bank to buck pressure to devalue naira

* Governor Sanusi to leave central bank in 10 months * National elections in 2015 may hurt naira (Adds comments from deputy central bank governor) Nigeria’s central bank will resist pressure to devalue the naira since it retains ample funds to defend the currency, a central bank spokesman said, and […]

Zenith Bank Emerge Most Active Stock in August 2013

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Zenith Bank Plc emerged the most active stock traded on the bourse of the Nigerian Stock Exchange (NSE) for the month of August 2013. According to reports from Investment One Financial Services monthly investment watch, Zenith Bank ruled the market in terms of volume and […]

SEC Confirms Investigation on ETI’s 2012 Result

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) Tuesday confirmed that it’s investigating Ecobank Transnational Incorporated (ETI), on allegations of breach of corporate governance. SEC said this in a statement signed by its management and made available to InvestAdvocate by Yakubu Olaleye, its head of media. “In […]