The Nigerian naira weakened marginally against the U.S dollar on the interbank market on Monday as a unit of ExxonMobil sold around $54 million to some lenders, which ofset pressure on the local currency by gasoline importers.  The naira closed at 157.64 to the dollar on the interbank, compared with […]

The Managing Director, Niger Insurance Plc, Dr. Justus Uranta, has said that the offering of the company’s Rights Issue will add value to the operation of the firm. He said this during a press briefing on the issue, consisting 2.67 billion ordinary shares of 50k each at 50k per share. […]

The Chartered Institute of Stockbrokers has renewed the call for the Federal Government to set up a stabilisation fund in the Nigerian capital market. This fund, according to the institute, is important if there is going to be a rebound from the huge losses recorded in the capital market in […]