Author: InvestAdvocate

Financial crimes: Keystone boss seeks delisting of Nigeria

Chief executive officers of banks have critical roles to play in assisting the Financial Action Task Force to delist Nigeria from its record of non co-operative countries, the Managing Director, Keystone Bank, Mr. Philip Ikeazor, has said. Ikeazor, who spoke at a recent monthly meeting of the Committee of Chief […]

SEC set to release rules for NSE demutualisation

The long-awaited plans to demutualise the Nigerian Stock Exchange was given a boost on Monday, as the Securities and Exchange Commission said it would be coming out with rules governing it in the next few weeks. The Chairman, SEC Board, Dr. Suleyman Ndanusa, announced this at the inauguration of the […]

Dollar drops versus euro; yen tumbles on global manufacturing data

The dollar dropped against most currencies on Monday while the yen slid to its lowest in nearly four weeks versus the greenback as better-than-expected manufacturing data from Europe and Japan raised risk appetite and prompted investors to seek assets offering higher returns. Overall the array of data painted a picture […]