By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The naira on Friday traded N227/$1 to decline by 0.44 percent compared to N226/$1 it traded the previous day. Proshare daily exchange rate monitor say the BDC’s buying rate is around N224 to N225 to a dollar band. “The very weak demand for pounds has […]

By InvestAdvocate Lagos (INVESTADVOCATE)-Pan- African lender, Ecobank Transnational Incorporated (ETI) on Friday announced the demise of its director André Boboé Bayala at 64 years. The pan-African lender in an issuer’s announcement with the Nigerian Stock Exchange (NSE) said Bayala is a national of Burkina Faso, who passed away on Wednesday, […]

March 12, 2015/Bloomberg Investors skittish about Nigerian assets as plunging oil prices pummel the West African nation’s economy are casting their eyes across the continent to Kenya. Yields on Kenya’s 10-year Eurobonds, which were 128 basis points higher than comparable Nigerian debt when they were sold in June, are now […]