Nigerian naira eased further against the U.S. dollar on the interbank on Wednesday despite the central bank’s direct intervention to calm the market and an increase in supply of the greenback at its bi-weekly foreign exchange auction. The naira ended at 162.95 to the dollar on the interbank on Wednesday, […]
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NSE introduces Shari’ah Equity, Signs MoU with Lotus Capital
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Wednesday said it has signed a Memorandum of Understanding (MOU) on Shari’ah Equity Index with Lotus Capital for the development and management of a certified Shari’ah Compliant Index. This is contained in a Press Statement dated June 12 2012 by Wole Tokede, […]
CSCS urges investors to embrace dematerialisation
The Central Securities Clearing Systems Limited has urged investors to embrace the process of share dematerialisation. This, according to the organisation, is essential to make share transactions easier for the shareholders. The Managing Director/Chief Executive Officer CSCS, Mr. Kyari Bukar, said that it was essential that shareholders who were still […]
