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Business Post Nigeria. By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange weakened further by 0.53 per cent on Friday, August 28.
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NASD Security Index Further Loses 0.53%
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange weakened further by 0.53 per cent on Friday, August 28. Yesterday, the market capitalisation lost N13.57 billion in value to close at N2.542 trillion compared with the previous day's
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Naira Appreciates to N1,337 Per Dollar on Stronger Reserve, Positive Outlook
By Adedapo Adesanya The Naira closed the week stronger against the United States Dollar at N1,337.29/$1 from N1,338.59/$1 in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Friday, August 28, indicating a N1.30 or 0.09 per cent gain. The domest
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FG Assures Industries of Constant Power Supply
By Aduragbemi Omiyale Industries operating along the 132kV Ikorodu-Sagamu corridor have been assured by the federal government of sustained electricity supply. The Minister of Power, Mr Joseph Tegbe, speaking during a high-level engagement with industrial
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Moody's Upgrades Nigeria's Outlook to Positive on Stronger Economic Growth
By Adedapo Adesanya Moody's Ratings, a US-based rating agency, has revised Nigeria's sovereign outlook to positive from stable, citing improvements in the country's external position and 'stronger-than-expected' economic growth. The rating agency also aff
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Nigerian Stock Market Rallies 0.90% as Bullish Momentum Gathers
By Dipo Olowookere The Nigerian stock market further appreciated by 0.90 per cent on Friday amid renewed interest in financial and energy stocks, as investors continue to react to the reclassification of Nigeria to the Frontier Market status by FTSE Russe
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