Author: InvestAdvocate

Market making activities begin with 16 firms

Market making activities commenced officially on the Nigerian Stock Exchange on Tuesday, beginning with 16 selected quoted companies. Also, the NSE increased the daily price limit for the selected stocks’ movement from the usual five per cent to 10 per cent. Some of the companies selected by the 10 market […]

Inflow of short-term investments worries CBN

The Central Bank of Nigeria on Tuesday expressed worries over large inflow of “hot money” or short-term investments into the economy, saying that the development, if not monitored, could negatively affect some of the positive impact of its monetary policy. Addressing journalists at the bank’s headquarters in Abuja shortly after […]

House of Reps Raises Order on Arunma Oteh, DG SEC

September 18, 2012 / National Assembly   Need for Mr President to Enforce the Resolution of the House of Representatives on the Investigation into the Near Collapse of the Capital Market:   Hon. Ossai Nicholas Ossai: The House:                                                                Notes that the House adopted the Resolution on the investigation into the […]