The Nigerian naira firmed against the U.S dollar on the interbank market on Wednesday, supported by large dollar sales by state-owned energy company NNPC and expectations of additional dollar inflows in the coming days, traders said.  The naira closed at 157.50 to the dollar on the interbank, firmer than the […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Vono Products Plc Wednesday said it will utilise 50 percent (50%) about N402 million of the proposed N840 million Rights Issue proceeds on Loan repayment. Titiola Bakare, Managing Director (MD) of Vono Products said this at the Company’s “Facts Behind the Figures” at the Nigerian […]

Lagos (INVESTADVOCATE) – Gbenga Agbana, Deputy Business Editor National Mirror Newspapers and the President of Capital Market Correspondents Association of Nigerian (CAMCAN) has passed on. It was a rude shock to the Nigerian Capital Market Community as the news filtered in on the passing away of Agbana. He worked with […]