May 3, 2017/Cowry Asset Overall equities market performance measures, NSE ASI and market capitalisation, revved by 58.4 bps amid bullish activities. Elsewhere, NIBOR moved in mixed directions across the tenor buckets. On the otherhand, NITTY fell for most of the maturities amid renewed bargain hunting. Meanwhile the OTC FGN bond […]
Capital Market
Dangote Sugar to raise N21 bn from capital market
May 3, 2017/Vanguard By Nkiruka Nnorom DANGOTE Sugar Refinery, DSR Plc, has revealed plans to raise N21.2 billion through equity injection from the capital market to fund its backward integration project and also actualise the Dangote Sugar Master Plan. The Group Managing Director, Mr. Abdullahi Sule, who made the disclosure, […]
Convergence of Africa Capital Markets: Africa’s Efforts to Pool Together its Liquidity
May 2, 2017/NSE Africa capital markets battle with the conundrum of illiquidity being the main catalyst of its sustained lack of liquidity. The process of trying to boost liquidity and depth in the region through i) increase in cross-border activities of brokerdealers, fund managers and private equity funds and ii) […]
