EFCC Visit: NAHCO Assure Investors, Other Stakeholders

August 5, 2016/NSE At about 1400 hours on Thursday, July 28, 2016, officials of Economic and Financial Crimes Commission (EFCC) visited the headquarters of the Nigerian Aviation Handling Company Plc, on a fact finding mission, in response to a petition. Management of NAHCO Plc fully co-operated with the agents of […]

NSE benchmark index decline 2.09% w/w on weak corporate earnings

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian equities market opened the week on a bearish note, with the benchmark index falling by 2.09 percent week-on-week (w/w) on poor corporate earnings, Cordros weekly market report affirmed. “This week’s unimpressive performance — as we had prognosticated — spoke to the fact […]

SEC Says CBN Direct Banks to Accept Dividend Warrants into Savings Accounts

August 5, 2016/SEC The Securities and Exchange Commission (SEC) is pleased to notify the investing public that dividend warrants can now be deposited into savings accounts. This follows the directive from the Central Bank of Nigeria (CBN) via Circular referenced BPS/DIR/GEN/CIR/03/005 dated 28th July, 2016 instructing banks to allow customers […]