Wednesday, February 2, 2011

Who is a Broker-Dealer

A broker-dealer is a company or other organization that trades securities for its own account or on behalf of its customers. Although many broker-dealers are "independent" firms solely involved in broker-dealer services, many others are

57 Nigerian Stock Brokers Suspended for not Meeting the Minimum Capital Requirement of N70m [17-21 Jan, 2011]

To give you a little historical perspective in 2001 the NSE traded 6 billion shares for the full year. In the first three weeks of this New Year we have already exceeded that number at 7.9 billion shares. Unfortunately the positive tone of the market was dulled by the suspension of 57 broker/dealers for not meeting the minimum capital requirement of N70m.

Who is Goodluck Jonathan??


Born in 1957 in the oil-rich Niger Delta region, Dr Goodluck Jonathan is a Christian from the Ijaw ethnic group. His family's trade was canoe-making, but he studied zoology at university. He worked as an education inspector, lecturer and environmental protection officer before going into politics in 1998.