By InvestAdvocate Lagos (INVESTADVOCATE)-In it’s bid to change to multiple-bid auction system, the Central Bank of Nigeria (CBN) Friday appointed Deposit Money Banks and Discount Houses as Money Market Dealers. This is contained in a Circular by the CBN and obtained by www.investadvocateng.com. The Circular signed by Ukeje E.U, Director, […]

Weekly Trading Summary · The Stock market was predominantly bearish this week as the NSE All-Share Index lost 66 bps to close at 22,232.36. · The banking sector went to the bears with more losses than gains recorded at the close of the week. Selling pressure during the week trimmed […]

Morgan Stanley and other underwriters have made a profit of about $100 million stabilizing Facebook stock since trading began on Friday, the Wall Street Journal said, citing people familiar with the matter. Facebook’s listing, envisioned as a crowning moment for an eight-year-old company that has become a business and cultural […]