Updates

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 […]

Mastercard at Smart City Expo: Making Cities Better and Making Better Cities

November 10, 2016/MasterCard Bernhard Mors More than half of the world’s population lives in cities – a number that is set to increase to 70 percent by 2050. With so many people living, working and traveling to cities, many urban hubs around the globe are facing significant challenges. As a […]