Author: InvestAdvocate

Naira: Oil firms’ dollar sales boost liquidity

The naira traded flat against the United States dollar at the inter-bank market on Monday as oil firms’ greenback sales boosted liquidity in the market. The naira recovered to N162.87 against the dollar on Monday, after it touched N163.20 in early trade. The naira had closed at N162.82 to the […]

High level Fraud: Investors sue Starcomms, Chapel Hill, Stanbic IBTC

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Investors in the Starcomms Plc year 2008 Private Placement (PP) considered as one of the highest fraud ever committed in the Nigerian Capital Market (NCM) has sued Starcomms Plc, Issuers to the Offer before a Lagos High Court www.investadvocateng.com can authoritatively Report. Others sued over […]

Can Dangote Chart a New Course for the Nigerian Bourse?

Goddy Egene writes that the judicial reinstatement of Alhaji Aliko Dangote as the President of the Nigerian Stock Exchange (NSE) is an interesting development, but adds that he will have his work cut out in restoring confidence and aiding the market’s recovery Leading industrialist and president, Dangote Group, Alhaji Aliko […]