By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday closed higher 0.45 percent as the all-share index (ASI) closed at 26,020.32 points, while market capitalisation increased by N40.37 billion to N8.95 trillion. This is coming on the heels of positive investors’ interest in the Consumer Goods shares […]
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Firstmonie, MMIT Collaborates on BlackBerry Social Commerce in Nigeria
…BBM Users can subscribe for BBM Shop Content using Firstmonie March 22, 2016/First Bank of Nigeria Firstmonie, the mobile money service of First Bank of Nigeria Limited and MMIT (Mobile Media Info Tech) are partnering with BlackBerry in Nigeria to enable social commerce in BBM™, the popular private social network. […]
CBN Raises MPR to 12%, Says Risk Tilts towards Exchange Rate
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) on Tuesday raised the Monetary Policy Rate (MPR) to 12 percent from 11 percent saying the balance of risk is tilted towards the exchange rate. Also, the MPC narrowed the asymmetric corridor […]
