Monthly Archives: February 2015

Nigerian Stocks End Week Bullish, Gain 2.45%

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Friday ended the week on a bullish streak as all-share index (ASI) and market capitalisation gained 2.45 percent to close at 30,103.81… Read more »

Dealers Say Naira Records Biggest Monthly Drop in Five Years

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The naira on Friday recorded its biggest monthly decline in over five (5) years this February, a Reuters report quoted dealers as saying. The report… Read more »

What’s Next: How Your Phone Becomes Your Ticket to Ride

February 27, 2015/MasterCard Editor’s Note: At Mobile World Congress 2015, MasterCard is participating in a discussion on the future of mobile to learn more about what’s next in digital commerce. We’re… Read more »

Nigeria’s SEC Signs MoU on Technical Support with CMC Angola

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) said on Thursday it has signed a Memorandum of Understanding (MoU) with the Angolan Comissão do Mercado de Capitais (CMC) to cover… Read more »

Nigeria’s foreign exchange reserves fall to $31.57 bln by Feb.25

February 27, 2015/Reuters Nigeria’s foreign reserves fell to $31.57 billion by Feb. 25, down 8.33 percent from $34.44 billion a month earlier, latest data from the central bank showed on… Read more »

Old Mutual Offers Investors 8.7 P per Share Final Dividend as Profit Up 16%

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Financial services firm, Old Mutual Plc said on Friday its directors are  recommending a final dividend for the year ended 31 December 2014 of 6.25p… Read more »

CBN Say No Plan to Convert Domiciliary Accounts Deposit to Naira

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) said on Thursday it has no plan to convert domiciliary account deposits of customers in Nigerian banks into naira…. Read more »

IOSCO, CPMI Release Quantitative Standards for Central Counterparties

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Organisation of Securities Commission (IOSCO) and Committee on Payments and Market Infrastructures (CPMI) on Thursday published Public Quantitative Disclosure Standards for Central Counterparties…. Read more »

Gen. Buhari`s Full speech at Chattam House, London

Published on Thursday, 26 February 2015 12:59/ Permit me to start by thanking Chatham House for the invitation to talk about this important topic at this crucial time. When speaking… Read more »

NSE to Amend Rules on Dealing Members, Filing of Accounts, Free Float, 2 Others

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) said on Thursday it’s seeking to amend rules and regulations governing dealing members and their registration, filing of accounts and… Read more »