The naira weakened against the United States dollar on the inter-bank market on Monday, on strong demand for the dollar by fuel importers and foreign investors selling down local debt. The naira closed at N158.90 to the dollar on the inter-bank market, compared with N158.60 per dollar last Friday. Traders […]

By InvestAdvocate Lagos (INVESTADVOCATE)-The United States of America (USA) Consul General Joseph Stafford Monday rallied support the Nigerian Stock Exchange (NSE) during a courtesy visit to the Stock Exchange House in Lagos Nigeria. The visit of the Consul General Stafford to the Nigeria’s Exchange is in commemoration of his tenure […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Oando Plc, Operating on the Petroleum Marketing Sector of the Nigerian Stock Exchange (NSE) Monday declared a 76.0 percent (-76.0%) decline in its Profit After Tax (PAT) in its Audited Report for the Period Ended December 31 2011. To record the decline, the Firm posted […]