By InvestAdvocate Lagos (INVESTADVOCATE)-Insurance Firm Custodian & Allied Insurance Plc, operating in the Insurance Sector of the Nigerian Stock Exchange (NSE) Thursday declared a Seven (7) Kobo interim dividend for its shareholders. This was contained in a Corporate Action by the Insurance Company to the Nigeria’s Exchange and obtained by […]

LAGOS Oct 13 (Reuters) – Nigeria’s forex interbank market halted trading on Thursday due to a dollar shortage after state-owned energy firm NNPC sold dollars meant for lenders to the central bank, dealers said. The market had expected around $700 million from the NNPC, boosting dollar liquidity at the interbank, […]

  LAGOS Oct 13 (Reuters) – Yields climbed higher at Nigeria’s short-dated treasury bill auction on Thursday after the central bank hiked its benchmark interest rate this week much further than expected to support the local naira currency. The central bank sold 201.82 billion naira ($128 billion) in 91-, 182- […]