Ecobank Capital, the investment banking arm of Ecobank Group, leading pan-African bank, says it has successfully raised, on behalf of Orion Oil Limited, the sum of $500m to be utilised for the prepayment of crude oil cargos to be supplied by Société Nationale des Pétroles du Congo (The National Oil […]
Author: InvestAdvocate
Foreign investment in Nigeria capital market hits N2.4trn
An Economist with the Lagos Business School has said the foreign portfolio investment in Nigeria’s capital market reached $15 billion (N2.36 trillion) in 2013. Dr Doyin Salami said Nigeria remains one of the fastest growing economies in the world due to increase in activities, international trading relations and reduction in […]
NSE All-Share Index Decline by 0.47% to Close Week
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Friday closed on a bearish note as All-Share Index (ASI) declined by 0.47 percent (0.47%) to close at 38,738.15 according to the NSE’s weekly stock market report. Similarly, the market capitalization of listed equities at the NSE depreciated by 0.47% […]
