The Central Bank of Nigeria has sold a total of N147.05bn ($932.91m) in treasury bills, ranging from three months to one year with high demand from investors pushing yields lower. The CBN, on Thursday, sold N32.05bn worth of the three-month paper at a return of 13.19 per cent, lower than […]

Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Embattled Arunma Oteh, Director General (DG) of Nigeria’s Securities & Exchange Commission (SEC) is seeking re-election as Chairperson of the Africa/Middle East Regional Committee (AMERC) at the ongoing 37th Annual Conference and meeting of the International Organisation of Securities Commissions (IOSCO) in Beijing China. This is […]

Don’t let the hoodie and sneakers fool you. Mark Zuckerberg is no wet-behind-the-ears CEO. Facebook’s chief executive turns 28 on Monday, setting in motion the social network’s biggest week ever. The company is expected to start selling stock to the public for the first time and begin trading on the […]