By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday commenced the week on a negative note as the Oil & Gas and Insurance indices dragged the market to a 0.61 percent loss. At the close of today’s trading on the Nigerian bourse, all-share index (ASI) closed at […]
Capital Market
Odife helped to strengthen SEC – Gwarzo
October 26. 2015/SEC Director General of Securities and Exchange Commission (SEC) Mounir Gwarzo has described late Sir Dennis Odife as the most iconic figure in the history of Nigeria’s capital market whose Committee did an exceptional work in fashioning out the capital market regulatory framework. Gwarzo who spoke at […]
CBN Direct’s BDCs to Honour Letter of Credit Established Prior to June 23rd for 41 Items not Valid for FOREX
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) last week directed Bureau de Change (BDC) operators to honour letter of credit establishment prior to June 23, 2015 for 41 items not valid for foreign exchange (Forex). The CBN said this in a circular dated October 23, 2015 […]
