May 6, 2021
  • May 6, 2021

Why SEC suspends trading on shares of Oando

by on October 18, 2017 0

Wale Tinubu, Oando Ceo The Securities & Exchange Commission (SEC) placed a technical suspension on transactions on the shares of Oando Plc after its finding revealed some weighty transgression by the energy company, which has been under investigations since early July this year.A full suspension is the halt of trading activities in a listed...

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Rising debt: Nigeria heading towards the precipice

by on October 17, 2017 0

Rising debt: Nigeria heading towards the precipiceThe recent letter from President Muhammadu Buhari to the National Assembly requesting approval to borrow additional $5.5bn from the International Capital Market has brought to the fore the issue of huge debt stock being carried by the country.In the last two years, Nigeria’s debt profile has ballooned astronomically...

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Is the equities market set for another rally? – United Capital

by on October 10, 2017 0

Broadly reflecting performance across global equities so far in 2017, the local equities market opened the year surrounded by lots of economic uncertainties.  The economy was battling recession, investor confidence had been shattered by inconsistent policy responses and militancy in the Niger-Delta region was threatening the future of a near-term recovery. As such, the equities...

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Who is Aishah Ahmad, President Buhari’s nominee for central bank deputy governor

by on October 6, 2017 0

Nigeria’s President Muhammadu Buhari has nominated Aishah Ahmad as the new deputy governor of the Central Bank Of Nigeria (CBN), a letter sent to the Senate by the president has shown. President Buhari also nominated Adeola Adenikinju; Aliyu Sanusi; Robert Asogwa and Asheikh Maidugu as members of the Monetary Policy Committee of the CBN to replace...

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Nigerian money market this week

by on October 6, 2017 0

The naira traded between 359 and 361.00 in a short trading week the investor forex window had its best month since inception in September with a turnover of $4.22 billion.  A big positive for the I&E is that the monthly turnover has been on the rise, confirming the growing investor confidence in the market. ...

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