Capital Market

EFCC nabs stock broker for N30m scam

The Economic and Financial Crimes Commission has arrested a stock broker for a N30m scam. The Head, EFCC Media and Publicity, Mr. Wilson Uwujaren, said the broker, Bioye Eluwole, 54, allegedly sold 300,000 units of shares belonging to one of his clients without authorisation. Uwujaren said, “The shares, spread over […]

Exchange Builds Capacity of Market Participants

Press Release In line with its mandate to broaden and deepen the Nigerian capital markets, The Nigerian Stock Exchange (NSE) in partnership with Exchange Traded Funds providers (Vetiva Fund Managers Limited, Lotus Capital Limited and ABSA Capital, South Africa) today, August 14, 2014 organised a one-day Investment Management seminar tagged […]

Transcorp Appoints Emmanuel Nnorom President/CEO

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Board of Directors of Transnational Corporation of Nigeria Plc (TRANSCORP) on Thursday announced the appointment of Emmanuel Nnorom as president/chief executive officer (CEO) succeeding Obinna Ufudo, who led the company since 2011. The conglomerate in a notice to the Nigerian Stock Exchange (NSE) said […]