Nigeria’s naira strengthened both on the interbank market and at the central bank’s foreign exchange window on Wednesday, supported by the sale of $425 million by state-owned energy company NNPC and two other oil firms to banks. The naira closed at 158.40 to the dollar on the interbank, its strongest […]

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange has announced that 235 Dealing Member Firms are active on the Nigerian Bourse as at February 12 2012. This was contained in a Circular number BDR/CIR/2/AAA/02/12 dated February 12 21012 to all Dealing Members Firms and posted on the official website of the […]

The Nigeria’s Finance Minister of State, Yerima Lawan Ngama said “Nigeria is in talks to secure a $600 million no-interest loan for infrastructure work from the Islamic Development Bank (IDB) which would be repaid in three to four years”  The Economic Confidential gathered that the Nigeria’s application for the facility […]