The Federal Government is set to retire bonds amounting to N75 billion this week as it moves to jumpstart its strategic plan to tackle the nation’s huge domestic debt through a sinking fund. In the 2013 budget, the Federal Government had outlined a domestic debt management strategy that would enable […]
Author: InvestAdvocate
Analysts predict profit taking this week
Capital market analysts have said that profit taking activities will likely persist in the equities market this week. According to them, this will be driven by the significant appreciation recorded in the prices of major stocks quoted on the NSE last week. In their report for the week released on […]
IMF to Approve US$27.85 million Credit Facility for Guinea
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Monday said it will support the Guinean economy growth with the second disbursement under the Extended Credit Facility (ECF) of SDR 18, 36 million (about US$27.85 million). This is contained in Press Statement from the Fund and made available […]
