Nigeria sold 75 billion naira ($476.10 million) worth of 5-, 7- and 10-year sovereign bonds maturing in 2017, 2019 and 2022 at an auction on Wednesday, with yields inching up by just more than 70 basis points. Nigeria, sub-Saharan Africa’s second biggest bond market was included in the JP Morgan’s […]
Author: InvestAdvocate
List of Market Making Stocks now 28
By InvestAdvocate Lagos (INVESTADVOCATE) – The Nigerian Stock Exchange (NSE) Wednesday has added three (3) new Stocks to the list of its Market Making Stocks bringing it to a total of 28 to date. This is contained in a Statement by Wole Tokede, Head, Media Relations of the NSE and […]
Nigeria inflation eases to 11.3 pct yr-yr in Sept – stats bureau
Nigeria’s consumer inflation eased for the third straight month to 11.3 percent year-on-year in September, down from 11.7 percent year-on-year in August, the National Bureau of Statistics (NBS) said on Wednesday. Food inflation, the largest contributor to the headline index, rose slightly to 10.2 percent year-on-year in September, from 9.9 […]
