Stockbrokers have hailed the appointment of a new board for the Securities and Exchange Commission (SEC), saying it would boost the operations of the apex regulatory body of the Nigerian capital market. The last board of SEC vacated office last June while the Director-General, Ms. Arunma Oteh, has been running […]
Author: InvestAdvocate
Oteh: Siemens, Korea Electric, Others May List on NSE
Investors in Nigeria’s power assets may be required to list on the Nigerian Stock Exchange (NSE) in the next five years as the bourse targets a $1 trillion market value by 2016. The Director-General, Securities and Exchange Commission (SEC), Arunma Oteh, disclosed this in an interview with Bloomberg. The government […]
Dollar edges higher as U.S. fiscal talks eyed; yen drops
The dollar rose against major currencies on Monday, buoyed by uncertainty about U.S. budget talks, while the yen tumbled to a 20-month low after Japan’s incoming prime minister stepped up pressure on the Bank of Japan to easy monetary policy. Volatility could increase as the year-end deadline on the U.S. […]
