By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The yields on Nigerian bonds are likely to rise next week on uncertainty over a delayed presidential election, according to a Reuters report. The report says Nigerian bonds yields will rise as the nation prepares to hold presidential elections on March 28, while a planned […]
Capital Market
Gombe State Raises N5 Billion on Bond Sales
By InvestAdvocate Lagos (INVESTADVOCATE)-Gombe state, north east Nigeria, has raised N5 billion ($25 million) on bond sales, according to a Reuters report on Friday. The state sold a 7-year bond with a 16 percent yield to help fund new roads and schools, the report quoted an official. According to the […]
Nigerian Stocks Halt 3-Consecutive Bullish Week on Profit-Taking
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian Stocks on Friday halted the three (3) consecutive bullish Week-on-Week (W-o-W) streak on profit taking by investors. At the end of the week’s trading on the Nigerian bourse, the Nigerian Stock Exchange all-share index (NSE ASI) and market capitalisation dipped by 1.06 percent and […]
