Foreign exchange reserves have risen by 5.71 per cent month-on-month to $38.51bn on August 28, 2012, from $36.43bn recorded a month earlier. The latest figures released by the Central Bank of Nigeria on Wednesday showed that forex reserves rose to a two-year high of $38.51bn. The reserves have not been […]
Author: InvestAdvocate
Nigeria’s Exchange to unveil Industrial Goods Index by 2014
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Wednesday said it will launch an Industrial Goods Index by January 2014. Oscar Onyema, the Chief Executive Officer (CEO) of the Nigeria’s Exchange revealed this at the “Facts behind the Figures†presentation of First Aluminum Nigeria Plc at the Stock […]
First Aluminum Profit Decline by 48% in 2011 end
By InvestAdvocate Lagos (INVESTADVOCATE) – First Aluminum Nigeria Plc operating in the Industrial Goods Sector of the Nigerian Stock Exchange (NSE) has reported a 48 percent (48%) decline in its Gross Profit for the Period Ended December 31 2011. This was contained in the result of the Company obtained […]
