The value of the naira slipped against the United States dollar at the three segments of the forex market last week due to increased demand for the greenback. Specifically, at the parallel market, the naira declined by N1.50 to close at N161.50/$1 from the preceding Friday’s value of N160/$1. Similarly, […]

By InvestAdvocate Lagos (INVESTADVOCATE) – Oscar Onyema, Chief Executive Officer (CEO) of the Nigerian Stock Exchange (NSE) has advocated punishment for Companies Quoted on the Nigeria’s Exchange and has in their policy the payment of dividend; but fails to do so. Onyema said this at a lecture he gave recently […]

SINGAPORE (AP) — Oil prices hovered above $94 a barrel Monday in Asia after Greek leaders agreed to a coalition government that will likely approve an European Union-led bailout package. Benchmark crude for December delivery was up 5 cents at $94.31 a barrel at late afternoon Singapore time in electronic […]