By InvestAdvocate Lagos (INVESTADVOCATE) – Nigeria’s foreign exchange reserves dropped 9.04 percent to $30.87 billion by March 4, from $33.94 billion a month earlier, CBN data showed on Friday. A Reuters report say the central bank has used the reserves to support the ailing naira currency in Nigeria, which has […]
Capital Market
FBN Holdings Names Two New Director
By InvestAdvocate Lagos (INVESTADVOCATE)-Financial services holding company, FBNH Holdings Plc said on Friday it has appointed Omatseyin Akene Ayida and Bosede Adebola Osibogun to the board of the company. FBN Holdings in an issuer’s announcement with the Nigerian Stock Exchange (NSE) said its board of directors has approved the appointments […]
SEC Approves Extension of Sovereign Trust N1.145 Bn Rights Issue to March 13, 2015
By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, Sovereign Trust Insurance Plc on Friday it has received approval from the Securities and Exchange Commission (SEC) to extend its N1.145 billion rights issue to March 13, 2015. The insurer in a notice to the Nigerian Stock Exchange (NSE) said the commission vide its letter SEC/SIS/EQT/STIP/2/15 […]
