March 06, 2015/Reuters The Nairobi Securities Exchange (NSE.NR) will work with three banks to set up a clearing house for its planned offering of derivative instruments from the second quarter of this year, its chief executive said on Friday. Jeff Odundo, who started the job this week, told the Reuters […]
Capital Market
Nigeria’s Foreign Reserves Drop 9.04% to $30.873 Billion Month-on-Month
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 […]
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 […]
