By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Board of Nigeria’s Securities and Exchange Commission (SEC) has said it will tap into the ongoing reforms in the Power, Oil/Gas, Agriculture and Telecommunications Sectors of the Nigerian Economy in a bid to enlarge the Market and encourage participation. Suleyman Ndanusa, Chairman of SEC […]
Author: InvestAdvocate
Nigeria president sacks head of aviation regulator
Nigeria‘s President Goodluck Jonathan sacked the head of the civil aviation authority on Monday, citing an “unsatisfactory response to concerns of stakeholders in the aviation sector,” nine months after the country’s worst air disaster in 20 years. The statement announcing the removal of civil aviation authority Director General Harold Demuren, […]
Cashing of third-party cheques above N150,000 stops nationwide June 1
The Central Bank of Nigeria has directed all deposit money banks to stop the cashing of third-party cheques above N150,000 over the counter in all the states starting from June 1, 2013. The apex bank in a circular on Monday said it had been observed that the policy had succeeded […]