Capital Market

Ebola Drug by Tekmira May Be Used on Infected Patients

Tekmira Pharmaceuticals Corp. (TKMR) said U.S. regulators have paved the way for the company to possible give its experimental Ebola drug to people infected with the deadly disease. The Food and Drug Administration had previously put tests of the drug, known as TKM-Ebola, on hold. The Vancouver-based company said the […]

CBN to sell N100bn bonds

The Central Bank of Nigeria is planning to auction N100bn in bonds with tenors ranging from three years to 20 years at the auction next Wednesday, the Debt Management Office has said. The DMO said on Thursday that it would offer N15bn in three-year, N50bn in 10-year and N35bn in […]

Stanbic IBTC Seek N30 billion Tier II Capital

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian mid-tier lender, Stanbic IBTC on Thursday said it is seeking to raise N30 billion in Tier II capital according to a Reuters report. The report said Sola David-Borha, chief executive officer (CEO) of the mid-tier lender confirmed the capital raise during an analysts conference […]