By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday signed a pact with the London Stock Exchange Group (LSEG) to support African companies seeking dual listings in London and Lagos. A statement from the NSE said the objective of the agreement is to strengthen cooperation and promote […]

Nov 17, 2014/Reuters Nigeria’s foreign exchange reserves fell 3 percent in two weeks to $37.59 billion by Nov. 13, as the central bank stepped up support for the ailing naira currency. Data published by the central bank on Monday showed the reserves were at $38.76 billion on October 29. The […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Ecobank Nigeria, a unit of pan-African lender Ecobank Transnational Incorporated (ETI) said on Monday it has secured $150 million offshore loan from a group of international banks to help grow its loan book, the lender said in a statement. The international banks include Commerzbank Aktiengesellschaft, […]