Author: InvestAdvocate

Naira Stable as Nigeria’s Eurobond Climbs

Nigeria’s $500 million Eurobond yields rallied for the first time in five days after a forecast that the country’s economic growth will accelerate this year and as foreign-exchange reserves increased. THISDAY checks showed that the naira was also stable at the Wholesale Dutch Auction System (WDAS) Monday as it maintained […]

Forbearance still open to stockbrokers – ASHON

The Federal Government’s forbearance package may still be open to stockbrokers affected by margin loans, the Association of Stockbroking Houses has said. The Chairman, ASHON, Mr. Emeka Madubuike, who spoke to our correspondent on Monday, explained that brokers who were not able to accept the forbearance offer due to one […]

Board crisis: Mainstreet Bank denies MD’s suspension

The Management of Mainstreet Bank Limited on Monday refuted the claim that the Group Managing Director of the bank, Mrs. Faith Tuedor-Matthews, was suspended over alleged misappropriation of funds. The bank, in a statement made available to our correspondent, stated that there was no board crisis at the bank, pointing […]