The Nigerian naira fell against the U.S dollar on Wednesday, to its weakest since Oct 10, as the central bank closed its official foreign exchange window for the year, putting pressure interbank market dollar supplies. The naira currency eased to 163.30 to the dollar on the interbank, its weakest in […]
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PS Mandrides grows Profit by 153.1% in 2011 unaudited result
By Ify Onye InvestAdvocate Lagos (INVESTADVOCATE)-PS Mandrides Plc operating in the Food/Beverages & Tobacco Sector of the Nigerian Stock Exchange (NSE) has grown its Profit After Tax (PAT) by 153.1 percent (153.1%) in its Unaudited Results 12 Months ended September 2011. This was contained in the Result Announcement of the […]
Banks take 489 billion euros in 3-year ECB loans
Banks took a huge 489 billion euros at the European Central Bank’s first ever offering of three-year funding on Wednesday, raising hope a credit crunch can be avoided and that the money may be used to buy Italian and Spanish bonds. A total of 523 banks borrowed money at the […]
