The need to maintain transparency in the Nigerian Capital Market cannot be over-emphasized as prescribed in Appendix 111 of the Listing Rules, mandating every listed company to provide the Exchange with timely information to enable it efficiently perform its function of maintaining an orderly market, just as quoted companies on […]
Author: InvestAdvocate
Nigeria’s External Reserve Increase by 35% in 2012 end-IMF
By Richard ABANGWU InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s International Reserve has increased by 35 percent (35%) in year 2012 end. This is part of the International Monetary Fund’s (IMF’s) Executive Board Assessment on Nigeria after it concluded its 2012 Article IV consultation. According to the IMF, Nigeria’s external position has strengthened and […]
World Total FOREX Holdings Hits 10.9 Trillion from 1995 to 2012
Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-World Total Foreign Exchange Holdings has hit N10.9 trillion from 1995 to 2012 according to data obtained from the International Monetary Fund (IMF) Statistics Department Currency Composition of Official Foreign Exchange Reserves (COFER) and International Financial Statistics (IFS). According to the IMF, the statistics last updated […]
