Capital Market

Sukuk Bond Issuance Shifted Till 2017

10/8/2016/The Will The Securities and Exchange Commission has declared that the sovereign Sukuk bond initially scheduled for third quarter of 2016 would now be issued in the first quarter of 2017. Mr Mounir Gwarzo, SEC Director-General, made this known on Wednesday at the commission’s Capital Market Committee second quarter media […]

Bears Return to NSE, Benchmark Index Fall 0.51%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The bears on Thursday returned to the Nigerian Stock Exchange (NSE) as the all-share index (ASI) dipped by 0.51 percent to close at 27,280.95 points. “Today’s negative close increased the Month-to-Date and Year-to- Date losses to 2.60 percent and 4.75 percent respectively,” according to the […]

NSE Revises Bond Listing,Trading Fees

August 11, 2016/NSE The Nigerian Stock Exchange (NSE or “The Exchange”) has announced the revision of the listing and trading fees for securities listed and traded on its Fixed Income Market. The revised fee structure which is effective August 17, 2016, will be piloted for an initial six month period, […]