August 4, 2016/AfDB The 2016 African Economic Outlook (AEO) was launched by the Nigeria Country Office of the African Development Bank at an outreach event held at the Ahmadu Bello University in Zaria. The theme of the 2016 AEO is Sustainable Cities and Structural Transformation. The report looks closely at […]
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NSE Halts 5Days Losing Streak on Blue-Chips Performance, ASI Rise 0.23%
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Thursday halted five-days losing streak on the performance of blue-chip stocks, as the all-share index (ASI) climbed up 0.23 percent to close at 27,751.34 points, while market capitalisation rose by N21.82 billion to N9.53 trillion. “Today’s performance decreased the Month-to-Date […]
Naira Hits N400/$1 at Parallel Market
By InvestAdvocate Lagos (INVESTADVOCATE)- The naira on Thursday traded flat at the parallel market (black market) at N400 to the greenback compared to N378 traded the previous session, Cordros daily currency market update said. Cordros reports that the local currency in the interbank market had appreciated against one of the […]
