Nigeria has sold 129.83 billion naira ($825.37 million) in treasury bills with maturity ranging from three months to six months at lower yields, the central bank said on Thursday. The central bank sold 39.05 billion naira of 91-day paper at a yield of 12.75 percent, slightly lower than the 12.88 […]
Author: InvestAdvocate
Moody Assigns Ba3 Rating to Nigeria, Kenya B1, Zambia B1
_By Peter OBIORA InvestAdvocate London (INVESTADVOCATE)-Moody’s Investors Service, Global Credit Research Firm Wednesday assigned local and foreign currency issuer rating of Ba3 to the Federal Government of Nigeria (FGN); B1 to Kenyan and Zambian Governments respectively; affirming the outlooks of the ratings as stable. This is contained in a Statement […]
Non-compliance: NSE Reports Cappa & D’Alberto to SEC
The Nigerian Stock Exchange (NSE) has reported Cappa & D’Alberto Plc, a company listed in the construction sector of the exchange, to the Securities and Exchange Commission (SEC) for failing in its financial obligations to shareholders and the exchange. In a notification to stockbrokers, the management of NSE said the […]
