Author: InvestAdvocate

Nigerian Naira Heads for Two-Week Low as Oil Price Retreats

Nigeria’s naira depreciated for a third day, heading for the lowest in two weeks as oil, the nation’s key export, retreated and prompted a slide in the external reserves of Africa’s biggest oil producer. The currency of sub-Saharan Africa’s second-biggest economy slid 0.1 percent to 158.10 per dollar by 11:31 […]

ZENITH most customer focused bank in Nigeria – KPMG

An International Management Consulting firm, KPMG has named Zenith Bank Plc the Most Customer-Focused Bank in Nigeria. In a declaration in its 2013 Banking Industry Customer Satisfaction Survey (BICSS) KPMG said Zenith Bank is best-in-class service delivery and ranked the top most in both the retail and corporate banking categories […]

NSE delists Bagco from DOL

Following the Scheme of merger between Flour Mills of Nigeria Plc with Nigerian Bag Manufacturing Company Plc, Nigerian Bag Manufacturing Company Plc was delisted from the Daily Official List of The Exchange on 11th April 2013.   Source: NSE