The Nigerian naira eased slightly against the dollar on the interbank market on Monday after dollar demand from importers put pressure on foreign currency liquidity, dealers said.  The naira ended at 159.20 to the dollar, weakening from a close of 158.85 on Friday when it hit a 2-1/2 month high, […]

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange Friday announced the revocation of Licenses of 10 Dealing Member Firms as at February 10 2012. This was contained in a Circular number BDR/CIR/1/AAA/02/12 to all Dealing Members Firms and posted on the official website of the NSE. Amongst the list of Firms […]

Nigeria’s naira firmed to 158.85 to the dollar on Friday, its strongest in two and half months, supported by dollar sales by energy companies.  The naira had closed at 159.20 to the dollar at the interbank on Thursday, its strongest since Nov. 16.  Traders said additional sales of about $54 […]