* Dollar demand falls after CBN’s intervention * Naira remains under pressure in inter-bank market The Nigerian naira firmed at the official trading window on Monday as U.S. dollar demand eased following several tightening measures by the central bank last week, but the local currency remained much weaker at […]
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Eterna Oil reports 99.8% loss in Q3 of 2011
By InvestAdvocate Lagos (INVESTADVOCATE)-Eterna Oil & Gas Plc operating in the Petroleum Marketing sector of the Nigerian Stock Exchange (NSE) Monday reported a 99.8 percent (99.8%) loss in its Unaudited Third Quarter (Q3) Report for the period ended September 30 2011. This was contained in the Result Announcement by the […]
Berlin dampens summit hopes, banks under pressure
DUESSELDORF, Germany/LONDON (Reuters)- – Germany lowered expectations on Monday of a breakthrough in the euro zone’s sovereign debt crisis, saying a weekend summit of EU leaders would not produce a definitive solution, in comments that pushed down the euro and European stocks. Financial markets have risen in the last week […]

