Fri Feb 27, 2015/Reuters Egypt could raise as much as $2 billion through a Eurobond this year and expects economic growth of close to 7 percent in three years’ time, Finance Minister Hany Kadry Dimian said on Friday. The Arab world’s most populous country is in the process of rebuilding […]
Capital Market
Nigerian Stocks End Week Bullish, Gain 2.45%
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Friday ended the week on a bullish streak as all-share index (ASI) and market capitalisation gained 2.45 percent to close at 30,103.81 points and N10.045 trillion, the Nigerian Stock Exchange (NSE) weekly stock market report said. Similarly, all indices finished higher during […]
Dealers Say Naira Records Biggest Monthly Drop in Five Years
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The naira on Friday recorded its biggest monthly decline in over five (5) years this February, a Reuters report quoted dealers as saying. The report said dealers cited concerns over political uncertainty and the Central Bank of Nigeria’s (CBN’s) inability to manage the currency amidst […]
