By InvestAdvocate Lagos (INVESTADVOCATE)-Gross federally-collected revenue in August 2012 was estimated at N1,021.10 billion, showing an increase of 26.4 and 3.6 per cent above the monthly budget estimate and the preceding month’s level, respectively. At N749.11 billion, gross oil receipts exceeded both the monthly budget estimate and the preceding month’s […]
Author: InvestAdvocate
Q3 2012 Report: ETI, Fidelity, Sterling Grow Profits
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Three Banks, Pan Africa Bank, Ecobank Transnational Incorporated (ETI), Fidelity Bank Plc and Sterling Bank Plc Wednesday posted growths in their Profits After Tax (PAT) for the Third Quarter (Q3) Report for the Period Ended September 30 2012. This is contained in the Result Announcements […]
Nigeria naira firms slightly on Mobil dollar sales
The Nigerian naira strengthened slightly against the U.S dollar on the interbank market on Wednesday, supported by dollar sales by a unit of ExxonMobil and some offshore investors buying local debt. The naira closed at 157.30 to the dollar on the interbank market, firmer than the 157.35 to the dollar […]
