The Asset Management Corporation of Nigeria has so far spent N123.6bn in its intervention programme in four sectors of the economy. The sectors are stock market, manufacturing, agriculture and construction, according to a report by the corporation, which was obtained by our correspondent on Monday. The report showed that AMCON […]
Author: InvestAdvocate
Analysts urge investors to maintain diversified portfolio
Analysts have urged investors in the Nigerian capital market to maintain a diversified portfolio. According to the experts, this is important in the face of the instability recorded in the equities and bond market in the last few weeks. They explained that investors needed to spread their risks across various […]
Naira Falls to 5-Week Low on Oil-Imports Demand, Fewer Dollars
The naira declined for a fifth day, reaching its lowest in more than five weeks on increased demand for dollars by oil importers and as the central bank cut the amount of U.S. currency sold at today’s auction. The currency of Africa’s biggest oil producer weakened 0.1 percent to 158.83 […]
