Updates

New Security Admitted to NASD OTC

Culled—Proshare 10/3/2017/NASD Plc The securities of Costain (West Africa) Plc have been admitted to trade on the NASD OTC market. The company’s securities were introduced by CSL Stockbrokers Limited. Crown Natures Plc. Set to hold first analyst call at NASD OTC In line with our desire to identify, find funding […]

Naira gains, trades at 455/dollar as Buhari returns

March 11, 2017/Punch Stanley Opara with agency report The naira traded at 455 to a dollar amid liquidity boost in the Bureau De Change and parallel market segments of the forex market on Friday. It was steady on both the official and black markets after President Muhammadu Buhari returned home […]

Nigeria foreign exchange reserves exceed $30 bln as of March 8: cenbank

March 10, 2017/Reuters Nigeria’s foreign exchange reserves rose above $30 billion as of March 8 to its highest level since October 2015, central bank data showed on Friday. Nigeria’s dollar reserves have increased by 15.02 percent since the start of the year, data showed, but were still far off their […]