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NSE Index hits 52-week high

Equity trading activities in the Nigerian Stock Exchange took a more positive turn on Thursday with major indicators recording significant growth level. Specifically, the NSE-Index crossed the 25,000 points mark for the first time in over a year as it rose by 1.2 per cent or 308.61 basis points hit […]

Oando Energy lists on Toronto Stock Exchange

Oando Energy Resources Incorporated has listed its shares on the Toronto Stock Exchange. A statement from Oando Plc on Thursday, also announced that it had completed a reverse takeover of OER. It added that the company was previously known as Exile Resources Incorporated. The statement noted that by the listing, […]

Nigeria Records US$3.34 billion FOREX Inflow in July 2012

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria recorded Foreign Exchange (FOREX) inflow of US$3.34 billion through the Central Bank in the Month of July 2012. This is contained in the Economic Report for the Month of July 2012 by the CBN. Similarly, the country recorded an outflow of US$2.93 billion in […]