Drugmaker GlaxoSmithKline plans to invest up to 130 million pounds ($216 million) in Africa over the next five years as chronic diseases become more common among the continent’s swelling urban middle classes. The decision reflects the draw for the pharmaceutical industry of the region’s rapid economic growth and rising demand […]
Author: InvestAdvocate
Nigerian naira steady on oil companies dollar sales
Nigeria’s naira currency held steady against the dollar on the interbank market on Monday, supported by sales of the U.S. currency by two major energy companies. The local unit closed at 164.95 to the dollar, the same level it closed at on Friday. The Nigerian unit of ExxonMobil sold $50 […]
NSE Seeks Long-Term Market Protection
Press Release …sets new Minimum Operating Standards for Dealing Members Efforts by Nigerian Capital Market regulators to augment long-term protection of Investors through the delivery of a sustainable securities market are on track to yield more results as The Nigerian Stock Exchange (NSE) has set new minimum operating standards for […]
