Nigeria’s naira weakened to a fresh 20-month low against the U.S. dollar on the interbank market on Friday, as direct central bank forex sales to lenders failed to meet demand, traders said. The naira closed at 164.1 to the dollar, compared with a 163.6 close on the previous day. The […]
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NSE All-Share Index Rise by 0.43% to close Week
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) All-Share Index (ASI) rose by 0.43 percent (0.43%) to close on Friday at 36,403. 95. Similarly, the NSE 30 Index gained 0.49% to close at 1,697.70 the Exchange’s weekly stock market report said. Also, other three (3) NSE indices appreciated […]
Lagarde on G-20: World Economy Not Fully Recovered
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF), Friday said the Group of G-20 leaders has done much to stabilize the world economy and financial system; but yet to fully recover. Lagarde said this in a Statement made available to InvestAdvocate […]
