By Our Correspondent Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) Wednesday said it has signed a Memorandum of Understanding, MoU, with the Capital Market Authority (CMA) of Oman for effective development and operations of both Countries Capital Market. This is contained in a Statement by Yakubu Olaleye, Head, Media of […]
Tag: Nigeria
Inflation Drops to 9% as NBS Forecasts 6.75% GDP Growth
Nigeria’s composite Consumer Price Index (CPI) which measures the rate of inflation dropped by 300 basis points to nine per cent year-on-year in January from 12 per cent in December 2012. The National Bureau of Statistics (NBS), which revealed this Monday also projected a real gross domestic product (GDP) growth […]
Naira Stable as Nigeria’s Eurobond Climbs
Nigeria’s $500 million Eurobond yields rallied for the first time in five days after a forecast that the country’s economic growth will accelerate this year and as foreign-exchange reserves increased. THISDAY checks showed that the naira was also stable at the Wholesale Dutch Auction System (WDAS) Monday as it maintained […]
