Capital Market

Nigerian Stocks Closes Week Positive on Blue Chip, Agric Stocks Demand

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Thursday closed the week on a positive note following demands on blue chips and agricultural goods stocks. The Nigerian Stock Exchange (NSE) all-share index (ASI) and market capitalisation appreciated by 0.64 percent and 0.30 percent to close at 34,708.11 and N11.787 trillion […]

Stocks slip, euro near two-month high as US economy loses steam

Thu Apr 30, 2015/Reuters Asian stocks stumbled on Thursday while the euro held near two-month highs against the dollar after surprisingly downbeat first-quarter economic growth in the United States – a key export destination for many of the region’s economies. Spreadbetters expected the equity markets to stabilize a little in […]

AFC concludes debut Eurobond issue

The Africa Finance Corporation says it has completed the first issue under its $3bn Global Medium Term Note Programme. In a statement on Wednesday, the AFC said it had on April 22 priced the inaugural issue, a $750m 4.375 per cent five-year international bond. According to it, the settlement date […]