By InvestAdvocate Lagos (INVESTADVOCATE) –The naira on Monday gained more than the U.S dollar supported by dollar sales by Royal Dutch Shell, dealers affirmed according to a Reuters report. According to the report, the naira closed the day at N162.40 stronger than N162.55 recorded on last Friday. It said oil […]

Yields on Nigeria’s 2024 bond shed 15 basis points to 11.89 per cent on Friday, after JP Morgan added it to its Government Bond Index-Emerging Market, attracting offshore funds, dealers said. According to Reuters, the 10-year benchmark bond opened for trade at 12.04 per cent. Last week, JP Morgan said […]

Many bank customers have expressed displeasure at the recent introduction of a N65 Automated Teller Machine fee. But the Central Bank of Nigeria and the Bankers’ Committee are going ahead with its implementation from September 1 (today). The issue, however, is whether this can lead to better service delivery as […]