Capital Market

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 […]

NPF Microfinance Appoints Acting Managing Director

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-NPF Microfinance Bank Plc Tuesday announced the appointment of an acting managing director (Ag MD) Lawal Akinwunmi Mohammed. In notice from the microfinance bank to the Nigerian stock exchange (NSE) in Lagos Nigeria and made available to InvestAdvocate Mohammed was born in 1964 and he […]

Nigeria’s Investor Protection Fund Appoints Vice Chairman

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The board of trustees of Nigeria’s investor protection fund (IPF) has appointed Lawrence Fubara Anga as its vice chairman. The Nigerian stock exchange (NSE) said Anga was appointed following the board of trustees first meeting of the year held on January 31, 2014. Anga is […]