Author: InvestAdvocate

NAICOM appoints interim board for Goldlink Insurance

National Insurance Commission has constituted a seven-member interim board of directors to oversee the affairs of Goldlink Insurance Plc with effect from November 1, 2012. NAICOM on Wednesday said in a statement that the action was sequel to the recent resignation of members of the board of directors of the […]

External reserves rise above 32-month high

Foreign exchange reserves climbed by 30 per cent to hit a more than 32 month high of $42.56bn by October 29, the latest figures from the Central Bank of Nigeria showed on Wednesday. Forex reserves in Nigeria stood at $32.72bn last year; the reserves rose by 3.4 per cent from […]

Nigeria’s Exchange Market Making Stocks increase to 30

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The Nigerian Stock Exchange (NSE) Wednesday has added two (2) new Stocks to the list of its Market Making Stocks bringing it to a total of 30 to date. This is contained in a Statement by Wole Tokede, Head, Media Relations of the […]