The Ekiti State Government says it has raised N5bn from the capital market, completing a N25bn bond issuance programme it started in 2011. A statement, which was made available to our correspondent on Wednesday, indicated the state government had raised N20bn in the first tranche of the programme in 2011. […]
Capital Market
Nigeria’s Exchange Index up by 47% to close 2013
By Yakubu LAAH Investadvocate Lagos (INVESTADVOCATE)- The Nigerian Stock Exchange All-Share Index (ASINSE) Tuesday closed the year 47 percent up showing a rising 2 percent (-2%) on the day to 41,329 points. Similarly, the market capitalisation of the listed equities was up by 2.12% or N247.27 billion to close at […]
World indexes finish vintage year, more gains seen in 2014
Stock closed 2013 by setting record highs and world equity markets ended at six-year peaks on Tuesday, while benchmark bond yields posted their first annual rise since 2009. Ultra-easy monetary policies and an improving economic outlook worldwide led to a stellar year for stocks. Equity strategists see the gains continuing […]
