By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Thursday resumed losses, as all-share index (ASI) dipped by 0.17%, amidst pressure in the banking sector to close at 27,607.12 basis points, while market capitalisation decreased by N16.09 billion to 9.52 trillion. “Both month-to-date and year-to-date losses edged up to […]
Capital Market
FG to set up $25billion fund infrastructure Investment- Adeosun
November 26, 2015/SEC In recognition of the role of the Capital Market as very critical to the kind of economy the present administration intends to develop for Nigeria, the Federal Government is to set up a $25 billion fund wholly dedicated to infrastructure investments. This was stated by the Minister […]
Zamfara State Sells N7 Billion Bond at 17%
By InvestAdvocate Lagos (INVESTADVOCATE)- Zamfara State has issued a seven-year bond at a fixed rate of 17 percent to raise N7 billion ($35 million) for infrastructure projects, the lead issuing house FBN Capital said on Wednesday, according to Reuters report. The report affirmed Zamfara State which relies on agriculture launched […]
