Updates

InvestmentOne Introduces ABACUS Money Market Fund

January 13, 2017/Investment One Funds Management The ABACUS MONEY MARKET FUND  was authorised and registered by the Securities and Exchange Commission (“SEC”) on 28th November 1990 as Abacus Unit Trust Scheme. Investment One Funds Management Limited was later appointed by the Trustee and approved by the SEC in 2014 to […]

Nigeria stock exchange says working with MTN to list its shares in 2017

12/1/2017/Reuters Nigeria’s stock exchange NSE is working “very closely” with South African cell operator MTN on a listing of its shares this year, the head of the bourse said on Thursday. “The pressure on MTN has never been higher to list,” NSE Chief Executive Oscar Onyema told a business conference. […]

Nigerian central bank tells FX traders it won’t devalue naira

12/1/2017/Reuters Nigeria’s central bank has told Bureau de Change operators it does not intend to devalue the naira and will support it at current levels, especially with a recent rise in oil prices, the head of their association said on Thursday. Aminu Gwadabe, president of Bureau de Change operators, said […]