By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The all-share index (ASI) at the Nigerian stock exchange (NSE) Friday inched up 2.08 percent to close another bullish week at 39,831.83 basis point (BPS) as foreign participation incite rallies in the oil & gas, consumer goods and banking stocks. Analysts at Cordros Capital say […]

The Central Bank of Nigeria has called on FMDQ OTC Plc and its dealing members to abide by the principle of good corporate governance and observe extant laws and regulations as the over-the-counter platform hand out licences. According to the bank, it is by acting in good faith, devoid of […]

Malaysia-based International Islamic Liquidity Management Corp (IILM) has re-issued a $490 million Islamic bond, according to a media release on Thursday. The three-month sukuk was priced at 0.52 percent. It was auctioned to eight primary dealers, with KBL Private Bankers not participating as it did in IILM’s previous auctions. IILM […]