Author: InvestAdvocate

Launch of ₦50 Commemorative Note

  The Central Bank of Nigeria will release into circulation a commemorative ₦50 polymer note as part of the Golden Jubilee of Nigeria’s Independence.     The President and Commander in Chief of the Armed Forces, FederalRepublic of Nigeria, Dr. Goodluck Ebele Azikiwe Jonathan, GCFR will formally launch the ₦50 […]

NSE Demutualisation to be Concluded in 2012 -Oteh

  By Obinna Chima and Chinazor Megbolu , 09.28.2010   The proposed demutualisation of the Nigerian Stock Exchange (NSE), which was suspended last year would now be concluded in 2012, the Director General, Securities and Exchange Commission (SEC) of Nigeria, Ms Arunma Oteh, has said. Oteh dropped this hint while […]

Banks Face the Killing Yields

  September 28, 2010 by DAVID REILLY The financial-services industry is built for speed. But while superlow interest rates are meant to be high-octane fuel for the economy, they are gumming up financial engines.     The problem for many banks, insurers and fund managers is that their cost of […]