By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) has reported N318.55 billion Foreign Portfolio Investment (FPI) inflow from January 2012 to September 2012. This is contained in are recent Report by the NSE “New Methodology for Calculating Foreign Portfolio Participation in Equity Trading at the NSEâ€ÂÂ. The Exchange […]
Author: InvestAdvocate
Citigroup CEO Vikram Pandit resigns
Citigroup Inc Chief Executive Vikram Pandit has resigned, effectively immediately, a shock change at the top of the bank just one day after surprisingly strong quarterly results. A statement on Tuesday from Chairman Michael O’Neill said Michael Corbat, previously chief executive for Europe, Middle East and Africa, would succeed Pandit […]
NSE overheads hit N1.72bn in 2011
The Nigerian Stock Exchange recorded increased overheads and operating expenses at the end of the 2011 financial year, with staff related costs rising to N1.724bn. The Exchange’s overheads, which stood at N1.354bn at the end of the 2010 financial year, rose by N37m or 27.3 per cent to close at […]
