The Nigerian naira weakened against the U.S dollar on the interbank market on Monday, on strong dollar buying by some importers unable to obtain funds at the bi-weekly foreign exchange auction, and thin dollar supply from oil companies. The naira closed at 158.40 to the dollar on the interbank market, […]
Author: InvestAdvocate
N5, 000 Note to save Nigeria N7.0 billion Yearly-CBN
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) Monday said the introduction of the N5, 000 denominations into the economy will save Nigeria N7.0 billion Naira Yearly. Ugochukwu Okoroafor, Director, Corporate Communications of the CBN made this affirmation in Lagos Nigeria at a media Parley with Financial […]
NSE Tasks Quoted Firms on Investors Relations Programme
THE Nigerian Stock Exchange (NSE) has advised quoted firms to take advantage of the opportunities provided by the ‘Fact Behind The Figure’ Programmes to educate their shareholders and other members of the capital market community. Also, the NSE has announced plans to unveil in January 2014, a new index to […]
