Capital Market

Ondo Assembly speaker, Adesina, dies

The Speaker of the Ondo State House of Assembly, Mr. Samuel Adesina, died on Tuesday, according to a statement by the state government. Adesina’s death occurred after a long battle with cancer of urinary bladder. It was however unclear where the eminent lawmaker died as government officials refuted claims that Adesina […]

FMAN to Meet SEC on Sector Growth

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Fund Managers Association of Nigeria (FMAN) will be meeting with Nigeria’s Securities and Exchange Commission (SEC) to discuss ways on the growth of the sector. InvestAdvocate gathered that a breakfast meeting to be held at the Lagos office of SEC, all registered members of […]

Naira Devaluation Seen on Central Bank Upheaval: Africa Credit

Nigeria’s currency is at risk of being devalued after President Goodluck Jonathan suspended the central bank governor last week, eroding confidence in monetary policy and sending the naira to a record low. The naira, which rose for the first time in six days yesterday, posted its biggest five-day drop in […]