The Chief Executive Officer (CEO) of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema, has expressed excitement at the launch of the first private trading floor built by GTI Securities Limited, saying the exchange would provide the needed support for the trading floor to succeed. Situated on the Marina axis […]
Capital Market
Oando to raise N30.7bn via special placement
Oando Plc says it plans to raise N30.7bn through a special placement exercise. The energy company, which is listed on the Nigerian Stock Exchange and the Johannesburg Stock Exchange, said this in a statement made available to our correspondent on Tuesday. According to the statement, the company got the approval […]
Nigeria funds switch to bonds as risk appetite wanes
* Fears over central bank, elections dampen risk appetite * Central bank governor Sanusi to stand down next June * Funds switch to short-term bonds and t-bills * U.S. Fed tapering likely to hit emerging markets After a bumper year for Nigerian stocks, investors are selling riskier assets and moving […]
