By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Godwin Emefiele, governor Central Bank of Nigeria (CBN) on Friday faulted the JPMorgan Chase & Co GBI-EM indexes that there is lack of liquidity in the nation’s foreign exchange and bond market, affirming the correct valuation of the naira. According to a Bloomberg report, Emefiele […]

By  InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Friday sold dollars to stop the naira’s decline to a record low after JPMorgan Chase & Co. said the debt of the country may be cut from its local-currency emerging-market indexes; according to a Bloomberg report. According to the New-York […]

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender Diamond Bank Plc on Wednesday said it has appointed Chris Ogbechie a non-executive director as new chairman of its board, according to a notice from the bank to the Nigerian Stock Exchange. This is coming on the heels of the board meeting of the […]