The Bank of Industry says it has disbursed a total loan of N127bn to Medium, Small and Medium Enterprises in the country within the 2014 financial year. Through the disbursement of the loans to the enterprises, the bank said it had been able to create over 500,000 jobs within the […]
Capital Market
Saudi Arabia to foster sukuk market as stocks open to foreigners
May 11, 2015/Bloomberg Opening its $568 billion stock exchange to foreigners for the first time may be the push Saudi Arabia needs to boost its sukuk market. The Riyadh-based Capital Market Authority plans to make the process of structuring bonds that comply with Islam’s ban on interest easier, according to […]
Nigerian Stocks Shed 0.13% on Weak Investors’ Sentiment
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks commenced the week on negative note as all-share index (ASI) shed 0.13 percent to close at 34,342.07 points on weak investors’ sentiment. Market capitalisation dipped by N15.64 billion to close at N11.66 trillion as the continuation of the losing streak led to the […]
