Over 70 per cent of vehicles on Nigerian roads carry fake motor insurance certificates, the National Insurance Commission has said. The Commissioner for Insurance, Mr. Fola Daniel, disclosed this to our correspondent, while speaking on efforts to sanitise the market. Daniel said, “We are having leakages in motor insurance premium; […]
More News
Capital market: We will address problem of new issuance in 2012 -Oteh
The Director-General of the Securities and Exchange Commission (SEC), Ms Arunma Oteh in an interview with capital market correspondents discusses the challenges facing the Nigerian capital market, steps being taken to revive the market and the expectation for 2012. Excerpts: What is the Commission doing in terms of attracting new […]
Absa Capital lists 1st ETF on Nigeria’s Exchange at N2, 526
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Absa Capital, the Corporate and Investment Banking Division of Absa Bank Limited South Africa Monday listed its NewGold Exchange Traded Fund (ETF) on the Floor of the Nigeria Stock Exchange (NSE) in Lagos Nigeria at the price of N2,526.00. The Company listed 400,000 NewGold […]
