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Omatek Plc Post 72.4% loss in Q3 of 2011

By InvestAdvocate Lagos (INVESTADVOCATE)-Omatek Plc operating in the Computer & Office Equipment Sector of the Nigerian Stock Exchange (NSE) has posted a 72.4 percent (72.4%) loss in the Unaudited Third Quarter (Q3) Report for the period ended September 30 2011. This was contained in the Profit and Loss Information from […]

Nigeria’s SEC: Reports 5 million investors in Capital Market in 50 years

By InvestAdvocate Lagos (INVESTADVOCATE) – The Nigeria’s Securities & Exchange Commission (SEC) in Abuja Nigeria reported five (5) million investors in the Nigerian Capital Market (NCM) within its 50 years of Regulation. Arunma Oteh, the Director General (DG) of the Commission affirmed this Monday in her opening remarks at the […]

Nigeria naira firms at interbank, forex reserves up

Nigeria’s naira currency strengthened against the U.S dollar on Tuesday in the interbank market after the central bank offered to sell foreign exchange to lenders, although the regulator retracted the offer after the market close. The local currency closed at 159.85 to the dollar at the interbank market on Tuesday […]