The National Economic Council chaired by Vice- President Yemi Osinbajo was on Thursday told that Federal Government bonds had been issued to 14 banks on behalf of 11 state governments as part of the plan to restructure states’ loans in commercial banks. As part of the plan, the Federal Government […]
Capital Market
Nigerian Stocks dip 0.98% on DANGCEM Profit-Taking, Sell-Offs in Oil/Gas
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Thursday dipped 0.98 percent on profit-taking in the shares of Dangote Cement Plc (DANGCEM) and prevalent sell-offs in the Oil/Gas sector. At the close of trading in the review period, all-share index (ASI) on the Nigerian Stock Exchange (NSE) closed at 29,747.57 […]
Nigeria raises 62.4 bln naira in T-bills, yields mixed
Thu Aug 20, 2015/Reuters Nigeria raised 62.43 billion naira ($314 million) in Treasury bills with maturities of 3-month and 6-month at mixed returns amid poor demand for the note by investors asking for higher yields, the central bank said on Thursday. Total bids for the notes stood at 63.55 billion […]
