Author: InvestAdvocate

Nigerian oil firm Oando plans Canada listing

Nigerian oil firm Oando said on Wednesday it plans to list its shares on the Toronto Stock Exchange in January and it will be producing 10,000 barrels per day of oil sometime next year.  “Our primary listing is on the Nigerian stock exchange . We have a secondary listing on […]

Nigeria plans 125 billion naira treasury bills auction

Nigeria plans to auction treasury bills worth 125.09 billion naira ($776.72 million) at its regular debt auction next week, the central bank said on Wednesday.  The regulator said it will sell 30.09 billion naira in 91-day paper, 45 billion naira in 182-day treasury bills and 50 billion naira in 364-day […]

Low interest rates not attainable now – Sanusi

The Governor, Central Bank of Nigeria, Mr. Lamido Sanusi, has said a low interest rate regime for the country will be difficult to realise at the moment. However, his view is contrary to the hint dropped on Monday by the Minister of Finance, Dr. Ngozi Okonjo-Iweala, that the Federal Government […]