By Ify Onye InvestAdvocate Lagos (INVESTADVOCATE)-Standard Alliance Insurance Plc Wednesday posted a 24 percent (-24%) loss in its Third Quarter (Q3) report for the period ended September 30, 2011. This was contained in the Result announcement of the Insurance Firm to the Nigerian Stock Exchange (NSE) in Lagos Nigeria. To […]
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Total Nigeria set to adopt IFRS
By Ify Onye InvestAdvocate Lagos INVESTADVOCATE)-Total Nigeria Plc, operating in the Petroleum Marketing Sector of the Nigerian Stock Exchange (NSE) Wednesday announced that its Board of Director (BOD) will meet to consider and approve adopting the International Financial Reporting Standards (IFRS) in its Accounting policies. The Firm made this announcement […]
Naira weakens on high dollar demand
The Nigerian naira weakened against the U.S dollar at the interbank on Wednesday, after the central bank failed to meet demand for the greenback at its bi-weekly auction, dealers said. The naira closed at 158.30 to the dollar on the interbank market, down from Friday’s close of 157.50. A separate […]

