Capital Market

SFS Capital inaugurates fixed income fund

SFS Capital Nigeria Limited says it has inaugurated a collective investment scheme aimed at giving investors a minimum return of 12 per cent per annum. The company, a member of the Skye Financial Services Group, said in a statement on Friday that based on the SFS Fixed Income Fund’s prospectus, […]

NSE: All-Share Index up 2.08% as Foreign Participation Incite Rallies

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 […]

CBN urges FMDQ dealing members to uphold rules

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 […]