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Mutual funds’ value rises to N78bn

By Udeme Ekwere The net asset value of the 45 mutual funds on the Nigerian Stock Exchange as at August 19, 2011, stood at N78bn. The information was posted on the website of the Securities and Exchange Commission on Thursday. According to SEC, the net asset value of the 45 […]

CBN issues new guidelines for management positions

By Agency Reporter The Central Bank of Nigeria has issued new requirements for individuals to be employed at top management positions in any bank or other financial institutions under its supervision. The new guidelines are contained in a circular by the apex bank to discount houses and other financial institutions […]

Delisting: NSE places NBC Coca Cola on full suspension

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Thursday placed the shares of Nigerian Bottling Company Plc (NBC) on full suspension in preparatory to delisting the Firm from its Floors. As earlier reported, NBC Plc, producers of Coca Cola will in less than two weeks (13 days) from […]