Written by Friday Ekeoba, Lagos Tuesday, 31 August 2010 In what was believed to be a first win, on Monday, a federal high court, in Lagos, has thrown out a motion filed by the Securities and Exchange Commission (SEC), praying that the preliminary objection to the suit instituted […]
Author: InvestAdvocate
BCC records N9.4bn profit
 By Stanley Opara Tuesda 31 Aug 2010     Benue Cement Company has declared a turnover of N18.9bn while posting a profit after tax of N9.41bn for the half-year ended June 30, 2010. The company in a statement on Monday attributed the slip in turnover for […]
Compliance to margin exposure drags down indices
 By Ademola Alawiye Tuesday, 31 Aug 2010   Moves by banks to comply with the Central Bank of Nigeria’s directive to reduce their exposure to the capital market to 10 per cent is responsible for the current bearish trend at the Nigerian Stock Exchange, analysts have said. […]

