Capital Market

Afrinvest’s debt fund to pay investors N25m

The Nigerian International Debt Fund, a mutual fund managed by Afrinvest Asset Management Limited, will pay a minimum of N40 per note holder as final coupon to investors for the year ending December 31, 2014. According to the fund manager, a total of N25.191m will be distributed amongst note holders […]

SEC Expresses Readiness to Collaborate with NSE

Jan 28, 2015/SEC The Securities and Exchange Commission (SEC) has expressed its readiness to collaborate with other stakeholders in the market as a means to taking the market to greater heights. Acting Director General of SEC Nigeria, Mounir Gwarzo said this when he received members of the Council of the […]

Nigerian Equities Maintain Positive Streak, Index Up 0.16%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Wednesday maintained its positive streak for the second day running as all-share index (ASI) climbed up by 0.16 percent to close at 29,907.66 points, while market capitalisation grew by N16.19 billion to N9.96 trillion. With the current gain, Year-to-Date (YTD) […]