Author: InvestAdvocate

NSE admits FBN funds into DOL

The Nigerian Stock Exchange has admitted the FBN Money Market Fund into the memorandum quotations segment of its Daily Official List. The NSE’s report for the week ended December 28, 2012, noted that a total of 17,984,400 units of the fund were admitted at N100 each at par. According to […]

Obstacles on the path to effective cash-less policy

One year after the commencement of the cash-less policy in Lagos, stakeholders say the initiative is still faced with many problems, ADEMOLA ALAWIYE writes The cash-less policy started in Lagos on January 1, 2012, with the aim of promoting the use of electronic means of transactions and making the country […]

Zenith Bank closes week on Up-tick of 2.3%

By InvestAdvocate Lagos (INVESTADVOCATE)- Zenith Bank Plc Friday closed the week on the Up-tick picking up  2.3 percent (2.36%) on the back of sustained demand at the upper as it opened the week with N18.20 and closed at N18.63 levels. The Financial Services sector was the most active during the […]