Nigeria‘s central bank chief said Friday that he won’t raise interest rates to counteract inflation driven upward by the end of a fuel-subsidy program, as violent insurgents and a weak global economy threaten growth in one of Africa’s most dynamic economies.  “The removal of subsidies will have an impact on […]

The Debt Management Office (DMO) Thursday raised N111 billion in 2019 and 2022 at a bond auction. Reuters said that the debt instrument, which was the debt office’s second this year, had yields on the 2019 bonds marginally higher than at its previous auction, while yields fell on the 2012 […]

By Christopher Nnanta InvestAdvocate Lagos (INVESTADVOCATE)-Afromedia Plc Thursday announced a dip of 59.8 percent (59.8%) in its Profit After Tax (PAT) in its First Quarter (Q1) Unaudited Result for the period ended December 31 2011. This is contained in the Result Announcement by the Firm to the Nigerian Stock Exchange […]