Nigeria Inter-Bank Settlement System Plc on Wednesday said it realised N3.8bn in gross earnings for the financial year ended June 30, 2013. The Chairman, NIBSS, Mr. Tunde Lemo, said this at the company’s Annual General Meeting in Lagos. According to him, the company’s gross earnings for 2013 represent a 52 […]
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CISI Bill 2013: NSE Presents memo to Senate
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange said it has presented a memorandum to the Senate Committee on Capital Markets to replace the Chartered Institute of Stockbrokers (CIS) Act 2004 with the Chartered Institute of Securities and Investment Bill 2013 (CISI). The NSE said the objective of […]
Insight: Pre-electoral feuding threatens Nigeria’s economy
In Nigeria, as elsewhere, foreign exchange markets can be a barometer of internal strife, so when central bank governor Lamido Sanusi noticed a surge in dollar demand at forex bureaux in July, he feared something was amiss. The bank found tens of billions of naira was traded for dollars in […]
