By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Friday succumbed to bears as the NSE all-share index and market capitalisation dipped by 0.84 percent to close at 29,562.07 and N9.847 trillion respectively. In the same vein, all indices finished lower during the week with exception of the NSE […]
Capital Market
Seplat Gets another Extension until Feb’13 to Firm Afren Offer
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- First listed Nigerian oil and gas upstream firm, Seplat Petroleum Development Company Plc has until February 13, deadline to make a firm offer on its merger with Afren Plc, a U.K. oil and gas explorer. Afren said in a statement on Friday that the […]
Nigeria’s central bank sells dollars to lift naira -dealers
Fri Jan 30, 2015/Reuters Nigeria’s central bank intervened on Friday, selling an undisclosed amount of dollars to prop up the naira currency, which has been hit hard by falling global oil prices, dealers said. The bank has been intervening this week to lift the naira, which is trading outside its […]
