Culled—Proshare February 8, 2017/Public Opinion by Concerned Citizens Mr. Godwin Emefiele, Nigeria is a country with multi-faceted challenges. However, in the past year, one challenge has stood out like a sore thumb – The Nigerian Economy. All the metrics released over the last two years by the Nigerian Bureau of […]
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Naira drops to 499 on lingering dollar shortage
8/2/2017/Punch Oyetunji Abioye The naira dropped against the United States dollar to 499 on Tuesday, from 498 on Monday as lingering scarcity of the greenback continued to weigh on the market Reuters reported. The local currency had reversed its Friday’s loss against the dollar, and closed at 498/dollar. The local […]
FMDQ, S&P Dow Jones Indices To Co-Brand Nigeria’s Sovereign Bond Index
Culled—Proshare February 7, 2017/Proshare WedTV The prospects for the deepening of the Nigerian debt capital market, received a boost today with the official signing of the memorandum of understanding between the FMDQ OTC securities exchange and the S&P Dow Jones Indices. Apart the MOU the FMDQ also launched the Sovereign […]
