The Nigerian naira fell 0.5 percent on Monday while yields on government debt were broadly stable, as offshore investors remained on the sidelines even as dealers said turbulence at the central bank had largely been priced in locally. The local currency has been under heavy selling pressure since President Goodluck […]
Capital Market
NAHCO Aviance Subsidiary (NAHCO FTZ) Gets Free Trade Zone Licence
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Nigerian Aviation Handling Company Plc (NAHCO AVIANCE) Monday announced that approval of Free Trade Zone (FTZ) licence has been granted to its subsidiary, NAHCO FTZ Limited. The company in a notice to the Nigerian stock exchange (NSE) in Lagos Nigeria and made available to […]
SEC,NSE,CSCS rake in N9.4bn in 2013
Three agencies in charge of the Nigerian capital market – Securities and Exchange Commission (SEC), Nigerian Stock Exchange (NSE) and Central Securities Clearing System (CSCS) – earned N9.360 billion from equity sales in 2013 an investigation revealed. Daily Trust gathered that the SEC got 0.3 per cent of total value […]
