Author: InvestAdvocate

External reserves to witness less pressure

The National Bureau of Statistics on Monday said the country’s external reserves would experience less pressure this year due to a reduction for the demand for foreign exchange to settle high import bills.  The bureau said in a report released in Abuja that the projected increase in the value of […]

Yen resumes fall after G20, U.S. holiday thins trade

The yen resumed falling on Monday after Japan signaled it would push ahead with expansionist monetary policies having escaped criticism from the world’s 20 biggest economies at the weekend. Industrial metals also dipped and European shares were soft on lingering worries about the economic outlook, especially for the euro zone. […]

Committee Awaits SEC’s Approval on Dematerialisation

The share certificates dematerialisation committee is waiting for the board of the Securities and Exchange Commission (SEC) to approve its report even as the zero budget allocation to SEC is threatening the dematerialisation exercise. Dematerialisation, which is the process of converting paper certificates into electronic ones and kept at the […]