Nigeria’s naira firmed against the U.S. dollar on Monday as financial markets got a breather following weeks of sell-offs and two oil companies sold the greenback to some lenders, dealers said. The unit closed at 165.28 naira to the dollar, firmer than Friday’s close of 165.35 naira, its lowest level […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday said it has deferred the effective date of a portion of the amendment to its listings rules. “Notice is hereby given that, the effective date of Article 23 of the ‘Amendments to the Listings Rules of the Exchange’, […]

The Bank of Industry (BOI) has stated that it would blacklist 24 companies for diverting loans obtained from the bank for acquisition of plant and? machinery to other ventures outside the agreement they signed with the bank. Managing Director, Bank of Industry (BOI), Mr. Rasheed Olaoluwa disclosed this during the […]