Stanbic IBTC Asset Management Limited has finalised plans to float an Exchange Traded Fund, the Stanbic IBTC ETF 30, a move it said was aimed at further developing the country’s capital market. An Exchange Traded Fund is an investment vehicle that tracks an index, a basket of assets, or a […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Tuesday closed downwards due to continuous sell pressure in various sectors as benchmark index dropped 0.25 percent compared to 0.54 percent depreciation reported that previous session. The decline returned the year-to-date performance to a 0.23 percent loss according to analysts […]

July 7, 2014 By Soji Apampa, Co-founder of The Convention on Business Integrity – Nigeria In a speech chronicling what went wrong in the Nigerian banking industry in 2009, former governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi said that “Governance malpractice within banks, unchecked at consolidation, became […]