By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Tuesday gained 2.13 percent as all-share index (ASI) closed at 31,753.15 points, while market capitalisation increased by N226.43 billion to close at N10.72 trillion. Cordros daily update say the steady increase led to a reduction of Year-to-Date (Y-t-D) loss at the Nigerian […]
Capital Market
Nigeria’s Skye Bank to Raise Up to $250 Million in Share Sale
March 30, 2015/Bloomberg Skye Bank Plc, the Nigerian lender that sold bonds last week, said it plans to raise as much as 50 billion naira ($250 million) by selling stock this year as it seeks to boost liquidity and fund operations. “We are looking at the second to third quarter […]
Onyema beats Speaker Nwaebili for Ogbaru Federal Constituency
March 30, 2015/Odogwu Blog Former House of Representatives Member, Hon Chukwuka Onyema, popularly known as Ochendo, from Ogbaru Federal Constituency won the election with 30,004 votes to defeat Chinwe Nwaebili, the Speaker, Anambra State of House of Assembly, who got 10,737. Onyema is returning to the House after a first […]
