Nigeria’s naira declined after inflation accelerated and foreign investments into the country’s bond market eased, according to Standard Bank Group Ltd. The currency of Africa’s biggest oil producer retreated 0.1 percent to 158.85 per dollar by 12:32 p.m. in Lagos, the commercial capital, bringing its depreciation this year to 1.7 […]
Tag: Nigeria
Nigeria: Inflation Rise By 9.5% in Feb’ 2013
In February 2013, the Consumer Price Index (CPI), which measures inflation, rose by 9.5 per cent year-on-year (compared to 9.0 per cent in January). Relative to January, the rise in the headline index could be attributed to increases in farm produce prices due to limited supplies as the toll of […]
Registrars Are Feeding Fat on Unclaimed Dividends- SEC Board
Lagos (INVESTADVOCATE)-InvestAdvocate in its usual manner on March 06 2013 captured a Question and Answer Session with the Board of the Securities and Exchange Commission (SEC) at a Maiden Meeting with Publishers and Chief Executive Officers of Media Organisations in Nigeria.Below are excerpts of a Q & A with Suleyman […]
