Despite their exodus from the Nigerian capital market at the outset of the global financial crisis, foreign investors are staging a comeback, UDEME EKWERE writes The total amount of foreign portfolio investment in the Nigerian Stock Exchange for the 11 months ended November 30, 2012 stood at N733bn. The amount, […]
Author: InvestAdvocate
Analysts predict increased activities in insurance sector
The insurance sub-sector of the Nigerian Stock Exchange is likely to witness increased activities in the next few months. This, according to analysts, is on the back of ongoing restructuring in the sector which began last year, resulting in some mergers and acquisitions in the sector. For instance, only last […]
MPC meeting: Lending rate may remain untouched
There are indications that the Monetary Policy Committee of the Central Bank of Nigeria may not increase the benchmark lending rate in the next MPC meeting. Analysts, who spoke with our correspondents in separate interviews on Friday, said that most of the variables would be maintained. However, they said the […]
