Nigeria’s naira currency closed unchanged against the U.S dollar on the interbank market and firmed marginally at the official window on Monday, as dollar sales by oil companies comfortably met rising dollar demand in the market. The naira closed flat at 157.15 to the dollar on the interbank. Traders said […]
Author: InvestAdvocate
Inter-bank rates flat on mature T-bills
Inter-bank lending rates were flat across the board last week at an average of 10.58 per cent, as liquidity was buoyed by the repayment of about N190bn in mature open market operation treasury bills. Dealers said the repaid treasury bills helped the market to open with a positive cash balance […]
SEC,NSE advised on investor education
The Board of Governors and secretariat of the Pearl Awards Nigeria have called on the Securities and Exchange Commission and the Nigerian Stock Exchange to do more towards investor education to rebuild confidence in the market. The President and Chief Executive, Pearl Awards, Mr. Tayo Orekoya, said at a press […]
