Capital Market

Sukuk issuance gets major boost

…..,guidelines for granting liquid assets approved 10/10/2016/SEC The Securities and Exchange Commission (SEC) is pleased to notify issuers and investors that the Central Bank of Nigeria (CBN) has approved “Guidelines for Granting Liquid Asset Status to Sukuk Instruments Issued by State Governments”.  This is a major milestone for Nigeria as […]

Nigerian Equities Close Lower, Reports 1.77% Weekly Loss on Selloffs

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Friday ended the week on a negative note, as the all-share index (ASI) and market capitalisation declined 1.77% to close at 27,835.22 and N9.561 trillion respectively. “Similarly, all other Indices finished lower during the week with the exception of the NSE ASeM […]

Nigerian equities market rebounded from loss in August

October 7, 2016/Cordros Research Nigeria Equities Market The Nigerian equities market rebounded from the loss in August, with the benchmark All Share Index posting a monthly gain of 2.67%. Sentiments were mostly driven by positive announcement and reports, as well as upbeat earnings. The gain further supports the view that […]