Capital Market

Nigerian Bourse Pares Previous Session’s Gain, ASI Dips 0.17% on Consumer Goods Selloffs

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian bourse pared Monday’s gain, following selloffs across major consumer goods stocks. At the close of Tuesday’s session, the all-share index (ASI) declined by 0.17 percent to close at 25,329.08 points. “Today’s performance increased the Month-to-Date (-2.72 percent) and Year-to-Date (-5.75 percent) losses,” according to Cordros […]

SEC Seeks international collaboration on Mergers, Acquisitions

Nigerian Securities and Exchange Commission boss, Mr. Mounir Gwarzo-Photo Credit:Vanguard February 28, 2017/SEC The Securities and Exchange Commission (SEC) has expressed its readiness to collaborate with relevant international agencies to ensure that the growth of Mergers and Acquisitions in the country is sustained. Director General of SEC, Mounir Gwarzo stated […]

FG Set to List $1BN Eurobond

By InvestAdvocate Lagos (INVESTADVOCATE)-The Federal Government of Nigeria (FGN) will on Thursday list its $1.0 billion eurobond on the floor of the Nigerian Stock Exchange (NSE). On February 9, 2017, Nigeria priced its eurobond in the international market at an interest rate of 7.875 percent and maturing on 16th February […]