Author: InvestAdvocate

Risk management in banks at rudimentary stage — CBN

The Central Bank of Nigeria on Wednesday said risk management practices among financial institutions in the country was still at a ‘rudimentary stage.’ The Deputy Governor, Financial System Stability, Dr. Kingsley Moghalu, in a keynote address at the Moody’s Analytics 2nd Annual West Africa’s Risk Management Conference in Lagos, said […]

Domestic investors urged to strengthen capital market

Domestic investors can reduce the dominance of foreign investors in the Nigerian capital market by participating more, Capital Bancorp Plc has said. The Chairman, Capital Bancorp, Mr. Olutola Mobolurin, said this in Lagos ahead of the company’s 25th anniversary, which is scheduled to take place on October 4, 2013. He […]

Trading commences on new platform next week – NSE

The Nigerian Stock Exchange has said it is set to commence trading activities on its new trading platform called X-GEN from next week. A statement made available to our correspondent on Tuesday quoted the Chief Executive Officer, NSE, Mr. Oscar Onyema, as saying, “We have had a series of market […]