Capital Market

Commodity exchange to inaugurate e-trading system

The Nigeria Commodity Exchange has said it will inaugurate an electronic warehouse receipt system on July 10, 2014. The Managing Director of the Exchange, Mr. Yusuf Abdurrahmin, said this in Lagos on Monday in company with the MD and Chief Executive Officer, Bank of Agriculture, Dr. Mohammed Santuraki; and the […]

Nigerian Bourse: Total Foreign Transactions Decrease 33.81 Percent

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Total foreign transactions at the Nigerian bourse decreased 33.81 percent from N138.79 billion in April 2014 to N91.86 billion in the review period of May 2014 indicating 33.81 percent. According to the Nigerian stock exchange (NSE) analysis of transactions for the period ended May 31, […]

NSE Yet to Grant FBN Life Approval on Oasis Acquisition

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian stock exchange (NSE) on Monday said it is yet to grant approval to FBN Life Limited of the acquisition of Oasis Insurance Plc. The NSE in a notice on its official website said qualification date as well as the opening and closing dates […]