Author: InvestAdvocate

Nigeria’s Exchange delist 10 companies

Lagos (INVESTADVOCATE) – The Nigerian Stock Exchange today Tuesday March 08 2011 delisted 10 Companies from its Daily Official List. InvestAdvocate gathered that the delisting of the Companies from the Nigeria’s Exchange is effective Tuesday March 08 2011. The firms delisted include Nigercem Plc; Albarka Air Plc; Foremost Diaries Plc; […]

New banking regime: PenCom to transfer assets of bank-owned PFAs

By Nike Popoola There are indications that the National Pension Commission may transfer the assets of bank-owned Pension Fund Administrators, who are unable to stand on their own after the divestment of their parent banks, to other PFAs. The Director-General, National Pension Commission, Mr. Mohammad Ahmad, who confirmed this in […]

German union to stage protest at stock market operator

FRANKFURT (AFP) – German trade union Verdi has urged staff at the stock market operator Deutsche Boerse to protest in favour of jobs it says are threatened by a merger with NYSE Euronext, and to press for higher wages. A demonstration is scheduled at noon (1100 GMT) on Wednesday at […]