Capital Market

FCMB to support business growth

First City Monument Bank Limited says it will continue to support the growth of its customers’ business. The lender said to transform and position itself as a leading retail bank in Nigeria, it had inaugurated a new thematic campaign tagged, ‘A world of opportunity’. This, it said, followed the recent […]

NSE Sustains Market Rally Second Consecutive Day, Index up by 0.62%

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday sustained its market rally for the second consecutive day as all-share index (ASI) inched up 0.62 percent to close at 34,416.29 points, while market capitalisation increased by N71.79 billion to close at N11.69 trillion. According to Cordros market update, gains […]

Nigeria sells 60 bln naira bonds, yields dip across all tenors

Thu May 14, 2015/Reuters May 14 Nigeria sold bonds worth a total of 60 billion naira ($302 million) at lower yields on all tenors at an auction on Wednesday, the Debt Management Office said on Thursday. The debt office said in a statement that investors submitted total bids of 183.34 […]