Nov 17, 2014/Bloomberg Dangote Group, controlled by Africa’s richest man, expects an oil refinery it is building in Nigeria to come on-stream in late 2017 or the first half of 2018. The plant in the Lagos area will be able to process 500,000 barrels of crude a day, George Nicolaides, […]
Capital Market
Bulls Continue Dominance at NSE, All-Share Index Gain 0.30%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Bulls continued its dominance on Monday at the Nigerian Stock Exchange (NSE) as all-share index (ASI) gained 0.30 percent to close at 35,488.80 points, while market capitalisation added N35.69 billion to close at N11.75 trillion. The positive dominance for the sixth consecutive sessions is coming […]
BIS Put’s Gross Notional Amounts of Outstanding Credit Default Swaps at $21 Trillion in 2013
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The Bank for International Settlements (BIS) estimates that gross notional amounts of outstanding Credit Default Swaps (CDS) at end-2013 were approximately $21 trillion. The International Organisation of Securities Commissions (IOSCO) on Thursday mentioned this in its consultation report ‘’Post-Trade Transparency in the Credit Default […]
