Standard Chartered Bank has announced plans to increase its investment in Nigeria and some other countries in Africa. The bank said that the growth opportunities on the continent, especially Nigeria, were enormous. It said it was, therefore, important for the country to focus on its strengths to boost investment. A […]
Author: InvestAdvocate
Nigeria Bourse to List Five Exchange-Traded Funds This Year
The Nigerian Stock Exchange plans to list five exchange-traded funds this year to increase products available to investors, Chief Executive Officer Oscar Onyema said. The bourse will also carry out research to prioritize the start of futures and options trading next year, with a goal of deepening the market, he […]
Nigerian Naira Weakens as Central Bank Reduces Dollar Supplies
The naira depreciated to the lowest in almost a week as the Central Bank of Nigeria offered fewer dollars at an auction, offsetting its decision to hold the key lending rate at a record high to support the currency. The currency of Africa’s biggest oil producer fell 0.2 percent to […]