By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) has announced that in it’s bid to attract Companies to list on the Nigerian Bourse, its in discussion with 550 Companies, and has received 17 applications for Marketing Making. This was as part of a Statement Friday by Wole Tokede, […]

Nigeria’s interbank lending rates rose further this week to an average of 15.25 percent from last week’s 14.91 percent as state owned energy firm NNPC soaked up available local naira currency.  NNPC sells dollars to some lenders regularly and transfers a portion of the naira proceeds to its account with […]

By Christopher Nnanta InvestAdvocate Lagos (INVESTADVOCATE)-Aliko Dangote, Chairman of the Dangote Group has advised the National Pension Commission (PENCOM) to ensure that 20 percent (20%) of the Asset Under Management (AUM) of Pension Fund Administrators (PFAs) is invested in the Nigerian Capital Market (NCM). This was contained in a Statement […]