The equities segment of the Nigerian Stock Exchange has higher potential to attract more foreign investments into the country, analysts have said. The analysts gave this opinion on the back of strong returns recorded in the Nigerian equities market in the last few weeks. According to them, with the 52-week […]
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Exchange lists 263 million Vono shares on DOL
The Nigerian Stock Exchange has listed 263.65 million ordinary shares of Vono Products Plc on its Daily Official List. The shares which were listed as part of the company’s Rights issue were included in the DOL on Friday. The NSE’s report for the week ended September 7, 2012, noted that […]
External reserves near $40bn, hit $39.76bn
Nigeria’s foreign exchange reserves came close to $40bn on Friday. Specifically, the forex reserves increased by $407m or 1.03 per cent, from $39.351bn recorded on September 4, 2012, to close at $39.758bn on September 6. Also, between August 6 and September 6, the reserves rose by $3.35bn, a development which […]
