(Fitch Ratings released this statement on Nigeria on October 03, 2014) Fitch Ratings-London-03 October 2014: Fitch Ratings has affirmed Nigeria’s Long-term foreign and local currency Issuer Default Ratings (IDR) at ‘BB-‘ and ‘BB’, respectively. The Outlooks are Stable. The issue ratings on Nigeria’s senior unsecured foreign currency bonds have been […]
Capital Market
Bears Return to Nigerian Bourse as Benchmark Index Rise 0.70% to End Week
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Bears returned to the Nigerian bourse on Thursday and Friday as all-share index (ASI) and market capitalisation rose 0.70 percent to close the week at 41,103.94 and N13.572 trillion respectively ahead of Muslim holidays. The Nigerian Stock Exchange (NSE) weekly stock market report in the […]
Launch of Direct Market Access in the Nigerian Capital Market
Press Release/NSE Friday, October 3, ?2014 ? In further support of Phase 1: Sponsored Access, for the West African Capital Market Integration (WACMI) program, The Nigerian Stock Exchange (NSE) will support Direct Market Access (DMA) as an interim step to the implementation of Sponsored Access. In Phase 1, brokers in WACMI […]
