Author: InvestAdvocate

Nigeria naira eases on dollar demand, liquidity

The Nigerian naira eased against the U.S. dollar on the interbank market on Monday, reflecting strong demand for the greenback from importers, traders said. The naira closed at 157.40 to the dollar, weaker than Friday’s close of 157.30 naira.   At a foreign exchange auction on Monday, the central bank […]

Nigeria’s Exchange Signs Reuters on Investor Relations Services

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Monday said it has signed a Memorandum of Understanding (MoU) with Thomson Reuters to provide Investor Relations Services to listed Companies on its Bourse. This is contained in a Joint Statement by Dante Ibidapo Martins, Head, Corporate Communications of the NSE and […]

Dell looks to calm shareholder concern over buyout

Dell looks to calm shareholder concern about its proposed $24.4 billion acquisition Dell is trying to reassure shareholders about its proposed $24.4 billion acquisition by a group led by its founder, saying it considered a number of strategic options before agreeing to the deal. Dell Inc. laid out the advantages […]