Nigeria leads Africa investability gains
•Up four places in Bloomberg’s ranking By Yinka Kolawole Nigeria has emerged as the biggest climber among major African economies in Bloomberg Economics’ 2026 Investment Risk-O-Meter, rising four places to eighth position on the back of improved economic and fiscal fundamentals. The latest scorecard released yesterday, which assesses the relative investability of 19 African economies, […]
NSE to cut transaction costs by N1bn
The Nigerian Stock Exchange (NSE) has concluded arrangement to reduce the cost of its Trade Alert service by about N 1.24 billion from March 2014 via the scrapping of the current charge of 0.06% of every trade on the exchange and an introduction of an enhanced notification system, X-Alert which will be charged at a flat fee of N4 per transaction.
Forte Oil Plc 2013 results
Forte Oil Plc has set itself new standards by being the first company to declare its 2013 results to the Nigerian Stock Exchange.
CBN lists 83 micro finance banks for liquidation
HE central Bank of Nigeria, CBN, has approved the liquidation of 83 existing microfinance banks over engaging in fraudulent activities and non operational offices.
Dead banks and living deposits
It used to be a major fear among bank customers. The fear of losing money, in case your bank closed shop or the operating licence got revoked by regulatory authorities. The fear was very strong in the 1990s and early 2000s, when news of bank closure was the order of the day
On IST performance last financial year
The Investments and Securities Tribunal, IST, is the body established by the Securities and Exchange Commission, SEC, to deal with the various cases of breach of trust and other fraudulent acts that investors often encounter while operating in the capital market
