By InvestAdvocate Lagos (INVESTADVOCATE)- Insurer, AIICO Insurance Plc said on Wednesday its shareholders has approved the appointment of Tunde Fajemirokun as director to the board of the company. The endorsement of Fajemirokun as director of AIICO came at the company’s 45th Annual General Meeting (AGM) held on June 22 2015, […]
Capital Market
Investors Trade Cautiously as NSE Dip Marginally 0.01%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Investors traded cautiously on the Nigerian Stock Exchange (NSE) on Tuesday as all-share index (ASI) dipped marginally 0.01 percent to close at 33,381.45 basis points, while market capitalisation declined by N1.07 billion to close at N11.395 billion. This is coming on the heels of price […]
Nigeria Bourse Seeks to Start Trading Local Currency Futures
June 22, 2015 by Maria Levitov, Bloomberg The Nigerian Stock Exchange plans to start trading naira futures that will help investors hedge against movements in the local currency, Chief Executive Officer Oscar Onyema said. “It would be awesome if we had a naira-dollar contract that we could trade on the […]
