By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The international monetary fund (IMF) Wednesday advised the group of twenty (G-20) nations to avoid premature withdrawal of monetary accommodation as fiscal balances continue consolidating. This is contained in a staff report for finance ministers and central bankers in the upcoming G-20 meeting scheduled for […]
Capital Market
Cadbury Nigeria Announces 90.78 Naira Post-Capital Reduction Share Price -Shares Lifted on Full Suspension
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Beverage makers, Cadbury Nigeria Plc Wednesday announced a 90.78 naira post-capital reduction share price as its shares has been lifted on full suspension with immediate effect. The company said in a notice to the Nigerian stock exchange (NSE) and made available to InvestAdvocate that the […]
SEC draws battle line with wonder banks
In an unprecedented, but calculated move, the Securities and Exchange Commission (SEC) recently commenced a clampdown on the activities of a wonder bank, New Nation, with branch network spread across 32 states of the Federation including the Federal Capital Territory, (FCT). The commission’s Acting Director, Enforcement, Eric Elujekor, described the […]
