By InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian Equities Market on Friday closed the session lower as the NSE all-share index (ASI) and market capitalisation dipped by 0.17 percent to 28,805.45 and N9.893 trillion respectively. “Similarly, all other Indices finished lower during the week, with the exception of the NSE Premium […]
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Nigeria’s cbank governor flies out to woo British, U.S. investors
July 15, 2016/Reuters Nigeria’s central bank governor flew to Britain and the United States this week to try to lure back investors scared off by the plunge in oil prices and resulting financial turmoil, a central bank official said on Friday. The central bank last month bowed to foreign pressure […]
Nigeria naira hits new low, cbank moves in to boost liquidity
July 15, 2016/Reuters Nigeria’s naira tumbled 4.3 percent to another record low against the dollar on Friday as the central sold dollars to try and boost liquidity on the interbank market, traders said. The naira hit 295.25 in thin trade, a month after the central bank caved in to months […]
