The Exchange wishes to advise its stakeholders that there is a lacuna in its current rule on pricing methodology. The relevant rule, Article 100, does not set forth a pricing methodology for determining the price movement where a new security is priced above N100.00 at the time of listing. In […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria through its debt management office (DMO) Tuesday said it has appointed Stanbic IBTC Bank Plc and Goldman Sachs, both as local and international financial advisers respectively for its first ever $100 million Diaspora bond. Similarly, Nigeria’s DMO said it has also appointed Olaniwun Ajayi […]

* Aims to grow loans sharply this year * To raise 46 bln naira in debt and equity * Shares down 19.3 pct this year Nigerian lender Skye Bank is targeting retail and business customers this year with a goal to expand loans by 15 percent, up from 2 percent […]