Author Archives: InvestAdvocate

Flour Mills Invests in Agric Sector

April 26, 2018/NSE In a move that further reiterates the commitment of Flour Mills of Nigeria Plc to the development of the Agriculture Sector in Nigeria, and the pursuance of… Read more »

UPDC Says Hakeem Ogunniran Exits as Managing Director

April 26, 2018/NSE UACN Property Development Company Plc wishes to announce that its Managing Director, Mr Hakeem Ogunniran, will be proceeding on his pre- retirement leave on 01 May 2018,… Read more »

Diamond Bank to Sell its UK Banking Operations to Focus on Nigeria

April 26, 2018/Diamond Bank Plc Diamond Bank Plc (“Diamond Bank”) – Nigeria’s fastest growing retail bank – is to sell its UK banking operations, Diamond Bank UK, in order to… Read more »

Total Transaction on Nigerian Bourse Increased +28.50% in March 2018

April 26, 2018/NSE On a monthly basis, The Nigerian Stock Exchange polls trading figures from major custodians and market operators on their Foreign Portfolio Investment (FPI) flows. The table below… Read more »

NSE Emerges Preferred Host of 2018 ASEA Conference

April 26, 2018/NSE Over 1,000 delegates interested in African capital market to attend ·         Lagos is the host city The Nigerian Stock Exchange (NSE) has emerged the preferred host of… Read more »

Open for Business! Canada to host The Commonwealth Africa Forum in July 2018

April 26, 2018/Commonwealth Africa Initiative Senior Government and Business Leaders from Africa and North America will gather in Toronto from the 5th – 8th July 2018 for The Commonwealth Africa Forum… Read more »

Nigerian Equities Market Closes Flat, Sheds -0.01% on Sell-Offs Across Sectors

April 26, 2017/InvestmentOne Report The Nigerian equities market was somewhat flat today, losing 0.01%. Similarly, market breadth index was negative with 14 gainers against 26 stocks that declined. OANDO (+5.17%)… Read more »

UAC-PROP Reports N899.62 Million Loss in Q1 2018

April 26, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-UAC Property Development Company Plc  (UPDC) on Thursday reported a loss of N899.62 million in the first quarter (Q1) period ended March 31, 2018… Read more »

IFC, Mastercard Expand Partnership to Drive Greater Financial Inclusion in Emerging Markets

April 26, 2018/Mastercard Mastercard and IFC, a member of the World Bank Group, today bolstered their partnership to drive financial inclusion, updating a $250 million global risk-sharing facility to expand… Read more »

CBN, OAGF Develop Robust Anti-Money Laundering, Terrorism Financing Regulation 2018

23/4/2018/CBN Pursuant to the requirements of the Financial Action Task Force (FATF) Recommendation 35 on effective, proportionate and dissuasive sanctions and the Inter-Governmental Action Group against Money Laundering in West… Read more »