By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Second listed primary mortgage institution (PMI) on the Nigerian stock exchange (NSE) Aso Savings & Loans Plc Tuesday announced its intention to acquire Union Homes Savings and Loans Plc (UHSL) The primary mortgage company in a notice to the NSE said as part of central […]

Bloomberg and FMDQ OTC PLC announce the launch of the Bloomberg E-Bond trading and market surveillance system, a new electronic trading system for Nigerian government bonds that today commenced operation under FMDQ’s over-the-counter (OTC) market securities exchange. Jointly developed by Bloomberg, FMDQ and the local market-maker community, the Bloomberg E-Bond […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) at the weekend announced the names of six (6) licensed custodians. On the list are First Pension custodian, UBA Nominee, Stanbic Nominee, Zenith Pension custodian, Diamond Pension Custodian and FCMB Nominee. However, the CBN disclosed no details of the […]