The nation’s external reserves are on the rise again. It has hit $47.1bn, according to the latest report from the Central Bank of Nigeria. Last week, the foreign reserves dropped by $1.8bn from the peak of $48.85bn on May 2 to $46.98bn on August 5. The external reserves, however, rose […]
Author: InvestAdvocate
Stocks rally to halt six-session slide
Stocks on the Nigerian Stock Exchange rallied on Thursday to prevent the equity market from falling for the seventh consecutive session. At the end of trading activities on the floor of the Exchange, investors had traded 255.574 million shares worth N5.026bn in 5,420 deals, with analysts explaining that gains by […]
DMO Examines Private Sector Opportunities from Public Debt Management
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Debt Management Office (DMO) will on Friday examine private sector opportunities from public debt management. This will be at a retreat organised for financial journalists in Lagos Nigeria. The theme of the retreat is “Opportunities for the private sector from public debt management Activities†The […]
