By Christopher Nnanta InvestAdvocate Lagos (INVESTADVOCATE)-The number of shareholders in the Nigerian Capital Market (NCM) that has embrassed the e-dividend payment system is set to hit 50 percent (50%). A source at the Nigeria’s Central Securities Clearing System (CSCS) (name withheld) Thursday made this disclosure to www.investadvocateng.com in Lagos Nigeria. […]

The Nigerian naira strengthened against the U.S dollar on the interbank market on Thursday after state-owned energy company NNPC sold about $150 million to some lenders, boosting dollar liquidity in the market.  The naira closed at 160.30 to the dollar, after it opened the day at 161.10. The market closed […]

By InvestAdvocate Lagos (INVESTADVOCATE)-Staff of Intercontinental Bank Plc (IB Plc) are resigning en-masse following the acquisition of the Bank by Access Bank Plc and the tough working conditions given to them by the acquiring Bank, www.investadvocateng.com can authoritatively report.   Our Correspondent gathered that between Wednesday February 01 2012 and […]