The Central Bank of Nigeria has said that Lagos State, five other and the Federal Capital Territory control about 90 per cent of cash transactions in the country. The other states, according to the apex bank, are Rivers, Anambra, Abia, Kano, Ogun. The Deputy Governor, Operations, CBN, Mr. Tunde Lemo, […]
Author: InvestAdvocate
Angola to open bourse in 2016, secondary bond market end-2013
By Shrikesh Laxmidas/Reuters-Thu, May 23, 2013 Angola plans to open its much-delayed stock market in 2016 and could even bring it forward to 2015 if the bourse was used to privatise state-owned companies, the country’s Capital Markets Commission (CMC) said on Thursday. A Luanda bourse, a potential entry point for […]
NSE records 33.02% gain
The equities market has recorded an appreciation of 33.02 per cent this year as major indicators continue to record impressive performance. Specifically, the NSE All-Share Index, which opened the year at 28,078.81 basis points, rose by 33.02 per cent to close last Friday at 37,350.53 points. Similarly, the market capitalisation […]
