Author: InvestAdvocate

DMO plans N70bn bond sale

By Ademola Alawiye The Debt Management Office on Wednesday said that it planned to sell N70bn in three-year and five-year sovereign bonds next year. The debt office said it would, in its fourth debt auction of the year, sell N35bn each of the three-year and five-year bonds. It added that […]

CBN offers $300m at forex auction

By Ademola Alawiye The Central Bank of Nigeria on Wednesday intervened in the foreign exchange market as it offered $300m for sale at the foreign exchange auction. The Central Bank of Nigeria in a statement on its website, said, “Further to our circular Ref. FMD/FED/CIR/GEN/01/082/10 of December, 29 2010, the […]

Ikazoboh’s remaining at the Exchange on the prompting of SEC, illegal

  By investadvocate Lagos (INVESTADVOCATE)-Stakeholders in the Nigerian Capital Market (NCM) has frowned over the remaining of Ikazoboh to help run the Nigerian Stock Exchange (NSE) on the prompting of the Securities and Exchange Commission (SEC) affirming that it is illegal. Boniface Okezie, National Coordinator, Progressive Shareholders Association of Nigeria […]