Updates

Housing, Still on The Priority List

Culled—Proshare July 6, 2017/FBNQuest Research Nigeria’s housing market has suffered from the persistent macro challenges. Affordable housing seems unobtainable and given the squeeze in consumers’ purchasing power, demand has remained soft. Mortgage financing in the country is still underdeveloped and for income-earners engaged in homeownership schemes via mortgaging, the process […]

CBN Announces Bids For Forex Retail Auction

Culled—Proshare July 6, 2017/CBN The Central Bank of Nigeria (CBN) on Wednesday, July 5, 2017, announced bids for retail auction by authorized dealers in the inter-bank foreign exchange market, following its intervention in other segments of the market on Monday, July 3, 2017, to the tune of $195 million. Making […]

NSE Suspends Trading on 17 Companies for failure to File Relevant Accounts

July 6, 2017 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) has suspended trading in the shares of the following seventeen (17) companies listed below for failure to file relevant Accounts with effect from 5 July, 2017. 1. African Alliance Insurance Plc 2. Equity Assurance Plc 3. Fortis Microfinance Bank […]