By InvestAdvocate The Nigerian Stock Market is at the verge of achieving another major transformation as the Central Securities Clearing System (CSCS) Plc adopts the Society for Worldwide Interbank Financial Telecommunication (SWIFT) messaging system to enhance transactions in the market. SWIFT provides a communication gateway that enables financial institutions worldwide to […]
Tag: stock exchange
Nigerian banks lure S’African lenders
Nigerian banks are rebounding from a record discount to lenders in South Africa as growth prospects for the continent’s two largest economies diverge. Investec Asset Management says the rally has further to run, according to a Bloomberg report on Friday. The Nigerian Stock Exchange Banking 10 Index has increased 19 […]
African Prudential Completes Acquisition of a 100% Stake in UAC Registrars
By InvestAdvocate Lagos (INVESTADVOCATE)-African Prudential Registrars and UAC of Nigeria Plc wednesday announced the acquisition a 100 percent (100%) stake in the latter. Both firms in a notice to the Nigerian Stock Exchange (NSE) said that they have received a “No Objection†from the Securities & Exchange Commission (SEC) in […]
