Reuters/ June 02, (Reporting by Oludare Mayowa; Editing by Chijioke Ohuocha) Nigeria’s naira firmed 0.25 percent against the U.S. currency on Monday, supported by dollar sales from the local units of four multinational oil companies, dealers said. The local unit closed at 162.40 naira to the dollar, compared with […]
Author: InvestAdvocate
Nigerian Stock: MSCI up Index 19 percent
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s equity index provider MSCI Monday said the weight in index has been increased 19 percent according to Reuters. With this development, the Nigerian stock market has now hit a four (4) month high. The news agency reported that index climbed up from 12 percent […]
Access Bank Mulls London Stock Exchange Listing
Thisday, June 02, 2014 Obinna Chima with agency report Access Bank Plc is currently working on modalities to list its shares on the London Stock Exchange (LSE) in the next 12 months as it seeks to raise fresh capital. Shareholders of Access Bank had two months ago approved plans by […]