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Nigeria’s Exchange: Retail Investors accounts for 11% of Market value

By Christopher Nnanta InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Thursday announced that Retail Investors accounts for 11 percent (11%) of the total Market value. Bola Adeeko, Head, Corporate Division and Chief of Staff to the Nigeria’s Exchange made this disclosure during a Media Parley with Capital Market Correspondents at […]

Ecobank sacks over 1,000 staff after Oceanic Bank merger in Nigeria

Ecobank is to sack about 1,250 staff in Nigeria after the bank completed its business integration with Oceanic Bank, according to media reports in Nigeria. Ecobank said in a statement that the sacked workers would be given severance packages and “at the same time, we are taking steps to ensure […]

EFCC investigates Mainstreet Bank Chairman

The Economic and Financial Crimes Commission (EFCC) has beamed its searchlight in the direction of former Managing Director of Unity Bank and current Chairman of Mainstreet Bank, Falalu Bello.  According to information gathered, Bello is being investigated over allegations of over invoicing of transactions and money laundering during the administration […]