Financial analysts have predicted a decline in the inflation rate for the month of May to 8.9 per cent, from 9.1 per cent recorded in April. FSDH Merchant Limited, in a report titled: ‘Inflation Watch’ made available to our correspondent on Thursday, said, “Our model indicates that the price movements […]
Tag: Nigeria
SEC Exclude Bank Stocks as Collateral for Margin Activities
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) Thursday said it has excluded bank stocks from being used as collateral for margin trading transactions on the Nigerian Bourse. This is according to a News Release from the Commission signed by Yakubu Olaleye, Head, Media of the SEC […]
NDIC re-strategises to address banking sector challenges
The Nigeria Deposit Insurance Corporation has begun moves to re-strategise its operations to enable it to effectively address emerging challenges in the banking sector. The Managing Director/Chief Executive, NDIC, Alhaji Umar Ibrahim, disclosed this on Wednesday in Abuja during a retreat organised for board members of the corporation. He said […]
