By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s lender, Fidelity Bank Plc last week listed a total of N30 billion 7 years fixed rate 16.48 percent subordinated unsecured bonds due 2022 issued by the bank. Shares of Fidelity Bank at the close of trading on the Nigerian bourse last Friday declined 4.96 percent to […]
Capital Market
Nigerian Stocks Close Week Bloody, Index Dip 2.34% Week-on-Week
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Friday ended the week on a bloody note as all-share index (ASI) and market capitalisation dipped 2.34 percent week-on-week (w/w) to close at 30,705.62 basis points and N10.524 trillion respectively. Cordros weekly market update says following the impressive rally last week, the […]
Godwin Emefiele, CBN Governor Risks Reputation With Naira Plan
Emmanuel Asiwe/ huhuonline.com August 14, 2015 Nigerian central bank Governor Godwin Emefiele says he’s on a mission to transform the economy. That’s not what investors are seeking. While the collapse of oil revenue in Africa’s biggest crude producer has limited the bank’s ability to prop up the currency, Emefiele, 54, […]
