The Central Bank of Nigeria on Tuesday expressed worries over large inflow of “hot money†or short-term investments into the economy, saying that the development, if not monitored, could negatively affect some of the positive impact of its monetary policy. Addressing journalists at the bank’s headquarters in Abuja shortly after […]
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House of Reps Raises Order on Arunma Oteh, DG SEC
September 18, 2012 / National Assembly Need for Mr President to Enforce the Resolution of the House of Representatives on the Investigation into the Near Collapse of the Capital Market: Hon. Ossai Nicholas Ossai: The House: Notes that the House adopted the Resolution on the investigation into the […]
Flour Mills Notifies Exchange on Acquisition of ROM Oil
Lagos (INVESTADVOCATE)-Flour Mills of Nigeria Plc has notified The Exchange through its Financial Adviser – Chapel Hill Advisory Partners Limited – of the proposed acquisition of 90% equity in ROM Oil Mills Limited. The company has taken this strategic decision for purposes of facilitating an investment in an entity which […]
