The Nigerian Stock Exchange has ordered operators in the Nigerian capital market to stop daily distribution of capital market information to clients and investors. This directive was part of the licensing directive given to market operators late last week. A source from the NSE who confirmed this to our correspondent […]
Author: InvestAdvocate
Vigeo Power Pays $32.25m for Benin Distribution Company
Press Release In line with the guidelines of the privatization programme of the Federal Government, Vigeo Power Limited has paid $32.25million to the Bureau of Public Enterprises (BPE). This figure according to sources at the Bureau represents 25 per cent of the $129million bid price for the Benin Electricity Distribution […]
Nigeria’s Central Bank Retains Rate at 12%
By Richard ABANGWU InvestAdvocate Lagos (INVESTADVOCATE)-Again Nigeria’s Central Bank Tuesday retained its Interest Rate at 12 percent (12%) as part of the decisions taken at its Communiqué No. 88 of the Monetary Policy Committee Meeting of Monday and Tuesday March 18-19 2013. The CBN retained MPR at 12% with interest […]
