Author: InvestAdvocate

Naira not overvalued, says Sanusi

Tuesday, 22 February 2011 Governor, Central Bank of Nigeria (CBN), Malam Sanusi Lamido Sanusi, has faulted the call by the International Monetary Fund (IMF) for greater exchange rate flexibility, arguing that the advice was based on flawed logic as he did not believe the naira was overvalued. After ending consultations […]

Market infraction: Nigeria’s Exchange inaugurates new investigative panel

By Peter OBIORA investadvocate Feb 15 2011 16.30 GMT   Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) has inaugurated a new investigative panel to help deal with Capital Market infractions. A Source (name withheld) confirmed this Monday February 14 2011 to investadvocate in Lagos Nigeria. According to the Source, this panel […]

Shareholders to benefit from Dangote’s expansion drive

By Udeme Ekwere Monday, 21 Feb 2011 Shareholders of Dangote Cement Plc have been assured of immense benefits from the company’s expansion drive. The Special Adviser to the President of Dangote group, Mr. Joseph Makoju, who said this, noted that the increased production would lead to more revenue for the […]