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SEC restates commitment to investor protection

The Securities and Exchange Commission has restated its commitment to the protection of investors in the Nigerian capital market from fraudsters. A statement from the SEC, on Tuesday, said the capital market regulator had adopted several strategies to achieve this goal. According to the statement, one of the steps the […]

Bids on Chevron’s Nigeria oil blocks due next week: sources

U.S.-based Chevron Corp (CVX.N) will receive bids on September 30 from prospective buyers of three oil blocks in the Niger Delta, with several local Nigerian firms in the running, industry sources told Reuters on Tuesday. Oil industry sources estimate the mean value of the three blocks combined at $500 million […]

President Jonathan Rings Closing Bell at NYSE

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-His Excellency, Goodluck Ebele Jonathan, GCFR President, Federal Republic of Nigeria, Monday rang the closing bell at the New York Stock Exchange (NYSE) in New York City. InvestAdvocate gathered that President Jonathan during his visit met with NYSE Euronext executives. This is coming on the […]