Following an impressive showing in the first half of the year, the performance of equities in the capital market lately has been less cheerful, UDEME EKWERE writes The equities market of the Nigerian Stock Exchange was on a steady decline in the month of August, culminating in the loss of […]
Tag: Nigeria
Nigeria’s SEC investigates pan-African Ecobank results – source
Nigeria’s securities regulator is investigating pan-African lender Ecobank over an alleged misstatement of its 2012 performance, a source at the Securities and Exchange Commission (SEC) said on Friday. Nigeria’s SEC held meetings with Ecobank’s board directors on Aug. 6 to discuss the issue, which was raised by a suspended former […]
Investment One Acquires NIGFUND, Records 35% Growth YTD
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – Lagos (INVESTADVOCATE)-Investment One Financial Services Limited Friday officially announced its acquisition of the Nigerian International Growth Fund (NIGFUND) formerly managed by Fidelity Bank Plc; as it records 35 percent (35%) growth Year-to-Date (YTD) in the fund. Abimbola Afolabi-Ajayi, Head of Corporate Services of […]
