Nigeria’s naira currency rose against the U.S. dollar to its strongest in more than four weeks on the interbank market, supported by dollar liquidity flows from four energy companies, traders said. The naira closed at 157.10 to the dollar on the interbank market, firmer than the 157.38 it closed on […]
Author: InvestAdvocate
84 Stockbrokers gets N22.6 billion forbearance on Margin Loans
– Transaction Fees others scraped By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-84 Stockbrokers has been granted a N22.6 billion forebearance on Margin Loans at the Nigerian Capital Market (NCM). This is contained in an address Monday by Ngozi Okonjo-Iweala, Nigeria’s Minister of Finance at Press Conference in Abuja Nigeria and […]
Nigeria’s Economic Report for Half Year 2012-CBN
Monetary targeting, in principle, remained the framework for monetary management during the first half of 2012. In reality, however, actual implementation of monetary policy adopted an eclectic approach, as attention was focused on both quantity and price variables to achieve the objective of monetary and price stability. In this regard, […]
