The Kogi State Governor, Capt. Idris Wada, has said that the N5bn the state government raised as the first tranche of its N20bn bond has been oversubscribed. Wada said this when he paid a courtesy visit to the Nigerian Stock Exchange in Lagos on Thursday. He said that the first […]
Author: InvestAdvocate
Naira Rises to 6-Week High as Nigeria Oil Companies Sell Dollars
Nigeria’s currency advanced to the strongest level in six weeks as oil companies in Africa’s biggest crude producer sold dollars to the market. The naira is the continent’s best performer today after the Zambian kwacha and Guinea’s franc. Oil producers, including state-owned Nigerian National Petroleum Corp., are the biggest source […]
Federal Court In Lagos Awards Ousted CBN Gov Sanusi N50m Damages,Orders Release Of His Intl Passport
A Federal High Court in Lagos has restrained the Nigeria Police and the Department of State Services from arresting or harassing the suspended Governor of the Central Bank of Nigeria, Sanusi Lamido. The court also ordered the DSS to release Mr. Sanusi’s passport to him immediately while also awarding the […]
