The Central Bank of Nigeria sold dollars directly to lenders outside of its regular currency auctions to meet demand and stabilize the naira, which gained today to pare a quarterly depreciation. “We do the auction, and when we see the interbank market going haywire, we intervene to bring the market […]

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Tuesday posted a moderate gain as all-share index (ASI) climbed up 0.25 percent to 41,210.10 basis points compared to 0.70 percent increase recorded the last session; indicating Year-to-Date (Y-t-D) returns currently stands at a negative 0.29 percent. Cordros Capital daily market update reported […]

Press Release. Sept 30, 2014/IOSCO The International Organisation of Securities Commissions (IOSCO) today published a research note on Market-Based Long-Term Financing Solutions for SMEs and Infrastructure. The note is a compilation of recent examples of capital market solutions in developed and emerging markets that have contributed to the financing of […]