By Stanley Opara with agency report Monday, 17 Jan 2011 Nigeria’s planned sale of dollar-denominated bonds, if successful, may encourage Kenya to go ahead with its own debut sale of Eurobonds, a sub-Saharan African strategist for Citigroup Incorporated, Mr. Leon Myburgh, has said. Kenya may still sell debt abroad even […]
Author: InvestAdvocate
Analysts predict profit-taking activities this week
By Udeme Ekwere Monday, 17 Jan 2011 With the sustained increase recorded in activities at the Nigerian capital market, analysts have said there may be some level of profit taking this week. Since the close of equity trading activities last Monday, major market indicators of the Nigerian Stock Exchange have continued […]
Inter-bank rates rise on cash shortage
By Ademola Alawiye with agency report Monday, 17 Jan 2011 Inter-bank lending rates rose to 9.25 per cent on average last week, compared to six per cent recorded the previous week as large cash withdrawals by the Nigerian National Petroleum Corporation drained liquidity in the system. The secured Open Buy […]

