Two weeks after his confirmation by the Senate, Mr. Adebayo Adekola Adelabu formally assumed his new role as the Deputy Governor of the Central Bank of Nigeria (CBN) on Wednesday, April 9, 2014. Mr. Adebayo, who was accompanied to the Bank by his aides, was welcomed by the Deputy Governor, […]
Author: InvestAdvocate
Nigeria naira firms 0.61 pct, as investors eye bonds
Nigeria’s naira firmed 0.61 percent against the U.S. currency on Wednesday, supported by large dollar sales by state-owned energy company NNPC and flows from offshore investors for debt purchases. The local unit closed at 162.90 to the dollar, the level last seen on Feb. 18 when it closed at 162.50 […]
Seplat listing may spur return of Nigeria IPOs: NSE
A stock market debut by oil and gas firm Seplat in Lagos and London is likely unleash a round of initial public offerings (IPOs) in Nigeria after they stalled in the wake of a 2008 financial crisis, the head of the country’s bourse said. Oscar Onyema told the Reuters Africa […]
