Updates

Africa Finance & Investment Forum 2017 to take place in Nairobi, Kenya for the first time

November 10. 2016/EMRC This year’s Africa Finance & Investment Forum (AFIF) will focus on “Entrepreneurship and Innovation for Growth” and will be held for the first time in the vibrant city of Nairobi, Kenya, hosted by the Strathmore University, taking place from 15th -16th February 2017. In line with growing […]

DSS Raids Black Market FX Dealers

November 10, 2016/Cordros Nigerian security agents, in a bid to support the LCY, raided the offices of black market FX dealers today, detaining some and ordering others to sell dollar at an enforced rate, according to Reuters. The officers of the Department of State Services (DSS) had earlier directed the […]

NSE Halts 6-Day Losing Streak on Renewed Interest in Banking Stocks

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Thursday halted a 6-day losing streak with the all-share index (ASI) advancing by 0.18 percent to close at 26,221.75 points; driven by renewed interest in banking stocks. “Following today’s gain, the Month-to-Date (-3.67 percent) and Year-to-Date (-8.73 percent) returns […]