By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The stockbroking community under the auspices of the Association of Stockbroking Houses of Nigeria (ASHON) is eyeing 40 million investors in the Nigerian Capital market (NCM) compared to the current five (5) million in the nearest future. Emeka Madubuike, Chairman of ASHON at its recent […]
Tag: Lagos
Nigerian Naira Retreats Most in Two Weeks as Bank Sales Decline
Nigeria’s naira depreciated to the lowest in two weeks as investors demanded dollars after the central bank sold the least foreign currency at auctions in more than a month. The currency of Africa’s biggest oil producer retreated 0.2 percent to 158.40 per dollar by 2:51 p.m. in Lagos, Nigeria’s commercial […]
Lagos records 76% cash-less business transactions –Survey
A total of 76 per cent of business transactions in Lagos is done using cash-less facilities provided by the Central Bank of Nigeria, a survey by the Lagos Chamber of Commerce and Industry has revealed. The survey, which was contained in the Cash-less Lagos Report made available to our correspondent […]
