Updates

Nigeria FX traders widen spreads after black market naira rally

March 23, 2017/Reuters By Chijioke Ohuocha The gap between what traders bid and offer for Nigeria’s naira on the black market has widened following a series of central bank interventions on the official market. Traders are trying to hedge against losses after the currency firmed sharply during previous session. The […]

UNILEVER Says 2016 Pretax Profit up 132% to N4.10 Bn, Offers Investors 10 Kobo Dividend

By InvestAdvocate Click here to download Annual Report 2016 Unilever Nigeria Plc Lagos (INVESTADVOCATE)-Soap and detergent producer, Unilever Nigeria Plc on Thursday said its pretax profit for the period ended December 31, 2016 jumped 131.8 percent to N4.10 billion from N1.77 billion declared a year ago. Likewise, post-tax profit soared […]

NSE: Foreign Inflows Down 28.79% to N16.10Bn in February 2017

March 23, 2017/NSE On a monthly basis, The Nigerian Stock Exchange polls trading figures from major custodians and market operators on their Foreign Portfolio Investment (FPI) flows. The table below shows an analysis of transactions on The Exchange at the end of February 2017. Table 1: Analysis of Transactions for […]