By Ifeanyi Onuba, Abuja Thursday, 2 Dec 2010 The Nigeria Deposit Insurance Corporation has said that it will begin the payment of N18.2bn trapped funds to depositors of 80 out of the 224 microfinance banks, whose licences were recently revoked by the Central Bank of Nigeria, from Monday next week. The […]
Author: InvestAdvocate
SEC issues rules on bond issuance
By Agency Reporter Thursday, 2 Dec 2010 To reduce the time of issuance for government and corporate bonds and enhance the price discovery process, the Securities and Exchange Commission has introduced new rules on book building and shelf registration. Addressing members of the United State‘s House of Representatives Committee on Financial […]
Nigeria’s Exchange postpone’s extension of Trading Hours to Dec 06
By Peter OBIORA investadvocate Dec 01 2010 16.00 GMT Lagos (INVESTADVOCATE)-The Market Control Unit of the Nigerian Stock Exchange (NSE) announced Wednesday December 01 2010, that it has postponed the  extension of Trading hours on its Floor till Monday 6th December, 2010.  This announcement was made at the Floor of the […]

