The Managing Director and Chief Executive Officer, NASD Plc, Mr. Bola Ajomale, has said one of the major objectives of its over-the-counter market for unlisted securities is to protect investors from the abuse and exploitation they suffered in the past. The NASD MD said this on Thursday when he visited […]
Capital Market
Nigeria’s 2024 bond to be added to JP Morgan bond index on Aug. 29
Nigeria’s 2024 bond will be included in JP Morgan’s Government Bond Index-Emerging Markets (GBI-EM) on August 29, in addition to three other bonds already listed, a JP Morgan internal document released on Thursday showed. The 10-year bond yield fell 22 basis points on Thursday’s trade to 11.97 percent on the […]
Forte Oil Invest $90 million in Geregu Power Project
By InvestAdvocate Lagos (INVESTADVOCATE)-Petroleum marketing firm, Forte Oil Plc has announced the investment of $90 million to upgrade the Geregu power plant to achieve/generate the installed capacity of 414 mega watts. Akin Akinfemiwa, group managing director (GMD)/CEO of the company disclosed this at it’s ‘’Facts behind Figure’’ presentation to the […]
