Author: InvestAdvocate

Nigerian naira trades flat against dollar on inflows

Nigeria’s naira traded flat against the U.S. dollar on the interbank on Wednesday as expectations of dollar inflows from energy companies and offshore investors buying local debt provided forex liquidity, dealers said. The naira closed at 157.10 to the dollar, the same level it closed on Tuesday. Dealers said the […]

Market Infraction: Nigeria’s IST to dispense Justice within 90 days

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – Nigeria’s Investments and Securities Tribunal (IST) said it’s ready to deliver judgment on cases brought before it within a time limit of 90 days. Dr. Nnenna Orji, Chairman of the IST said this at the Fourth Quarter Capital Market Committee (CMC) meeting held […]

Investors urged to embrace mutual funds

The Director, Kakawa Asset Management Limited, Mrs. Modupe Mujota, has called on investors to tap into the opportunities offered by mutual funds. According to her, mutual funds remain one of the best investment options investors can take advantage of at present. She stated this during an interview with our correspondent […]