The Nigerian Stock Exchange (NSE) has reported Cappa & D’Alberto Plc, a company listed in the construction sector of the exchange, to the Securities and Exchange Commission (SEC) for failing in its financial obligations to shareholders and the exchange. In a notification to stockbrokers, the management of NSE said the […]
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Nigeria as Giant of Africa Receives $5 billion FDI from US-Ambassador
Ambassador Terence P. McCulley, the United States Ambassador to Nigeria recently granted an interview to the Economic Confidential magazine in Abuja. A career diplomat, McCulley started his career in Africa when he was posted to Niger, followed by assignments in South Africa, Chad and worked on Central African affairs. He […]
Naira Falls as CBN Slashes Dollar Supply
The naira slipped against the United States dollar at the interbank segment of the forex market Monday as demand for the greenback surpassed its supply. Specifically, the naira fell by 58 kobo at the interbank as it closed at N157.40 to a dollar Monday, compared with the N156.82 to a […]
