Jan 16, 2015/Bloomberg Attacks by Boko Haram in Nigeria are adding pressure to the nation’s credit rating as plunging oil prices undermine growth in Africa’s largest economy, according to Moody’s Investors Service. The violence may be “weighing on investor demand for Nigerian assets at the moment,” Matt Robinson, manager of […]

The Federal Government on Sunday announced a reduction in the pump price of petrol by N10 from N97 to N87 per litre. The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, announced the reduction while briefing State House correspondents at the Presidential Villa, Abuja. Alison-Madueke said the reduction, which took immediate […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria investors are missing out on the global rally in fixed income as the country suffer from the plunge in oil prices and falling currency, a Bloomberg report said. The report affirmed that average yields on naira government debt climbed up 2.5 percentage points in […]