Author: InvestAdvocate

Banks Credit to Private Sector rises by 1% in July 2012-CBN

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Banking system Credits to the Private Sector has risen to N14.845 billion in July 2012 indicating a rise of 1.0 percent (1.0%). This is contained in the Central Bank of Nigeria’s (CBN’s) Economic Report for the Month of July 2012. According to the CBN’s Economic […]

NSE Index hits 52-week high

Equity trading activities in the Nigerian Stock Exchange took a more positive turn on Thursday with major indicators recording significant growth level. Specifically, the NSE-Index crossed the 25,000 points mark for the first time in over a year as it rose by 1.2 per cent or 308.61 basis points hit […]

Oando Energy lists on Toronto Stock Exchange

Oando Energy Resources Incorporated has listed its shares on the Toronto Stock Exchange. A statement from Oando Plc on Thursday, also announced that it had completed a reverse takeover of OER. It added that the company was previously known as Exile Resources Incorporated. The statement noted that by the listing, […]