By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian Stock Exchange (NSE) announced recently that three (3) stocks, Dangote Flour Mills Plc, Japaul Oil & Maritime Service Plc and Honeywell Flourmills Plc may likely fail the screening exercise it carried out on 15 companies in the NSE Lotus Islamic Index (NSE […]
Author: InvestAdvocate
G20 task force to study Libor reform
The agency that sets rules for global banks will establish a task force to look at reform of Libor after a scandal in which three banks were fined for rigging the global interest rate benchmark. The Financial Stability Board, set up by the G20, will report back next year on […]
Oil above $95 as stock markets stabilize
The price of oil extended gains Tuesday after Asian stock markets trimmed losses following a big sell-off. Benchmark oil for August delivery was up 42 cents to $95.60 a barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract jumped $1.49 to close […]
