Author: InvestAdvocate

Another S.E.C. Contender With Wall St. Ties

Even as Mary Jo White, President Obama’s choice to lead the Securities and Exchange Commission, faces concerns about her work in private practice, she may end up finding a deputy in a lawyer who has taken a similar path. Andrew J. Ceresney, who was Ms. White’s lieutenant as both a […]

Trading Bank Expansion to boost Liquidity at Stock Market

In the next couple of weeks, the Nigerian Stock Exchange (NSE) will be made to relax restrictions on intraday price swings on all stocks from 5 percent to 10 percent, BusinessDay has learnt. Currently, only the price movement of Market Making stocks at the Nigerian bourse is allowed to go […]

Banks introduce N100 monthly ATM fee

Following the scrapping of the N100 withdrawal charges on Automated Teller Machines by the Bankers Committee, some banks are planning to introduce monthly maintenance fee on ATM cards. Investigations by our correspondent revealed that, though only one of the banks had announced the introduction of the fee from this month, […]