By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Omatek Venutres Plc operating on the Computer & office Equipment Sector of the Nigerian Stock Exchange (NSE) Monday posted N414.586 million Loss in its Audited Report for the Period Ended December 31 2011. From the Result Announcement released to the Nigeria’s Exchange, Profit After Tax […]

The attention of the Central Bank of Nigeria (CBN) has been drawn to several comments in the public domain insinuating that the CBN neither audits its accounts annually nor presents same to the Government of the Federation, in line with statutory requirements. It is also being suggested that membership of […]

Inter-bank lending rates jumped last week to an average of 13.91 per cent, from 11.83 per cent recorded last week, after the Central Bank of Nigeria issued about N90bn ($572.79m) worth of treasury bills to mop up excess liquidity. Currency traders said the CBN had been conducting Open Market Operation […]