Author: InvestAdvocate

Central Bank of Nigeria Communiqué No. 81 of the Monetary Policy Committee Meeting, January 2012

Click here to download full Report Central Bank of Nigeria Communiqué No. 81 of the Monetary Policy Committee Meeting of Monday and Tuesday, January 30 and 31, 2012 The Monetary Policy Committee (MPC) met on January 30 and 31, 2012 with all 12 members in attendance to review the domestic […]

Invest in equities market now, analysts tell investors

Capital market analysts have advised investors on the prudence of investing in the Nigerian Stock Exchange now. Specifically, the analysts said that it was advisable for investors with long-term portfolio objectives to take advantage of the current low prices of major stocks in the market. According to the analysts, some […]

CBN offers $250m at forex auction

The Central Bank of Nigeria on Monday intervened in the foreign exchange market, offering $200m for sale at the foreign exchange auction. The CBN, in a statement on its website, said, “Further to our circular Ref. FMD/FED/CIR/GEN/01/082/10 of December, 29 2010, the CBN, hereby, intervenes with an offer of $250m […]