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Brokers want govt to resolve liquidity crisis

The issue of illiquidity has again come to the forefront on the Nigerian Stock Exchange, with brokers and some key stakeholders calling on relevant authorities to resolve the crisis. The brokers, who spoke under the aegis of the Association of Stock Broking Houses of Nigeria, on Wednesday, said it was […]

Nigerian naira falls vs dollar on strong dollar demand

The Nigerian naira weakened against the U.S dollar on the interbank market and bi-weekly forex auction on Wednesday, with the auction, a separate central bank intervention and dollar sales from a gas firm all failing to meet robust demand. The local currency closed at 161.80 to the dollar on the […]

Guinea Insurance Terminates Appointment of Mr. Ekerete Ola Gam-Ikon

The Company has notified The Exchange that the Board of Directors of Guinea Insurance Plc., at its 220th Board meeting held on November 17th & 18th, 2011 at Rockview Hotel, Abuja, terminated the appointment of Mr. Ekerete Ola Gam-Ikon. The Board before arriving at this decision, observed that, Gam-Ikon not […]