Nigeria’s naira gained for a second day, advancing to its strongest in a week as oil companies sold dollars to meet month-end local expenses. The currency of Africa’s biggest oil producer appreciated 0.4 percent to 157.35 per dollar, the strongest intraday level since Feb. 25, as of 11:21 a.m. in […]
World News
February inflation’ll rise to 9.1% –Analysts
Following a drop in the January inflation rate to a single digit of nine per cent, financial analysts have said the February inflation rate will inch up marginally to 9.1 per cent. The National Bureau of Statistics has not released the official figure for February yet. But analysts at Financial […]
Nigeria’s GDP Grew by 6.99% in Q4 2012
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Gross Domestic Product (GDP) grew by 6.99 percent (6.99%) in the Fourth Quarter (Q4) of year 2012. This is contained in the Revised 2011 Estimates for First to Fourth Quarter of year 2012’s GDP for Nigeria from the Presidency as prepared by the National […]
