By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Inflation Rate for December is 12 percent (12%). Recent data from the National Bureau of Statistics reports December headline inflation at 12.0% year on year (y-o-y), a 30bps decrease from the 12.3% y-on-y figure recorded in November 2012. Food inflation also eased to 10.2% y-on-y, a […]
Author: InvestAdvocate
Market Making Stocks hits 39 as Dangote Cement, Oando, Transcorp Joins
By InvestAdvocate Lagos (INVESTADVOCATE)-List of Market Making Stocks on the Nigerian Stock Exchange (NSE) Thursday hit 39 as Dangote Cement Plc (DANGCEM) and Oando Plc and Transnational Corporation of Nigeria Plc (Transcorp) joins. This is contained in a Press Release by Wole Tokede, Head, Media Relations of the Nigeria’s Exchange […]
Nigeria’s Central Bank Revokes Licences of 236 Bureaux De Change
By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) Wednesday announced it has revoked the operating licences of 236 Bureaux De Change. This is contained in a Circular with reference number TED/FEM/FPC/GEN/01/041 posted on the official website of the CBN. The Circular signed by Batari Musa, Director, Trade and Exchange […]
