Nigeria plans to raise 75 billion naira ($466.30 million) through sovereign bonds ranging between 5 and 10 years at its regular auction on July 18, the Debt Management Office (DMO) said on Thursday. The debt office said it would sell 25 billion naira each in the 5-, 7- and 10-year […]
Author: InvestAdvocate
UBA, Zenith, others drive banking index
The shares of United Bank for Africa Plc, Zenith Bank Plc and Union Bank of Nigerian Plc recorded significant gains at the close of trading activities on Wednesday, thus boosting activities on the Nigerian Stock Exchange. UBA, which had released its second quarter result the previous day, surged to a […]
FG urged to facilitate telecoms, oil firms’ listing
More calls have gone to the Federal Government on the need to put in place measures to get companies in the telecommunications and oil/gas sectors to list their shares on the Nigerian Stock Exchange. The most recent call came from stockbrokers, under the aegis of the Chartered Institute of Stockbrokers, […]
