Capital Market

Nigerian Equities Market Maintain Southward Profile, Benchmark Index Decline 0.36%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Wednesday maintained its southward profile as all-share index (ASI) declined 0.36 percent to close at 38,148.18 points, while market capitalisation lost N45.83 billion to close at N12.64 trillion. The Cordros daily market update say the southward profile of the nation’s […]

IOSCO Updates Information Repository for Central Clearing Requirements for OTC Derivatives

Press Release Oct 28, 2014/IOSCO The International Organisation of Securities Commissions (IOSCO) today released an update of its information repository for central clearing requirements for OTC derivatives, which provides regulators and market participants with consolidated information on the clearing requirements of different jurisdictions. By providing this information, IOSCO seeks to […]

ASHAKACEM Names Bruno Bayet New CFO

By InvestAdvocate Lagos (INVESTADVOCATE)-Cement manufacturers, Ashaka Cement Plc (ASHAKACEM) on Wednesday announced Bruno Bayet new chief finance officer (CFO) of the company. This is contained in a letter dated October 23, 2014 and signed by Bello .A. Abdullahi, company secretary/legal adviser of Ashaka Cement to the Nigerian Stock Exchange (NSE). […]