Losses recorded by 32 stocks on Wednesday dragged major Nigerian Stock Exchange indices down for the third straight session this week. The NSE’s All-Share Index fell by 1.29 per cent or 485.93 basis points from 37,589.60 points on Tuesday to 37,103.67 points. Similarly, the market capitalisation of the listed equities […]
Author: InvestAdvocate
SEC Out with New Rule to Boost Fixed Income Market
As part of efforts to deepen the capital market and make fixed income securities issuing process faster, the Securities and Exchange Commission (SEC) has introduced a new rule that will facilitate price discovery and marketing ahead of the opening of offers. SEC had in 2009 introduced Book Building process, which […]
US seeks more investment ties with Nigeria, others
THE United States Trade Representative, Mr. Michael Froman, has said American companies should share the benefits of trade with sub-Saharan Africa as the US examines extending duty-free access for imports from many nations on the continent, according to a Bloomberg report. The US African Growth and Opportunity Act, approved by […]
