By InvestAdvocate Lagos (INVESTADVOCATE)-Investment One Financial Services Limited will Friday announce its management of the Nigerian International Growth Fund (NIGFUND). The NIGFUND is registered as a Unit Trust Scheme by the Securities & Exchange Commission (SEC) under the Investments nder the Investments and Securities Act 1999 and the rules and […]
Author: InvestAdvocate
Naira Hits Year Low as Market Waits on Central Bank: Lagos Mover
Nigeria’s naira retreated for a third day, set for its lowest closing level in more than a year, in the absence of central bank intervention and foreign-exchange sales from oil companies. The currency of Africa’s biggest crude producer declined 0.7 percent to 163.35 per dollar as of 2:24 p.m. in […]
Market reverses two-day loss, gains 0.3%
Trading activities on the Nigerian Stock Exchange witnessed a marginal reversal on Thursday, as transactions closed positive to end a two-day downward trend. The market capitalisation of the listed equities rose by N32bn or 0.3 per cent from N11.513tn on Wednesday to N11.545tn. Similarly, the NSE’s All-Share Index increased by […]
