Capital Market

Delisting: IHS Nigeria Shares on Full Suspension

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The shares of IHS Nigeria Plc, telecom services firm has been placed on full suspension on the floor of the Nigerian stock exchange (NSE) in Lagos Nigeria with effect from (today) February 27, 2014. The company in a notice to the Nigerian bourse and made […]

IFC to Issue 1 Billion Renminbi-Denominated Bond in London, Supporting Internationalization of Chinese Currency

IFC, a member of the World Bank Group, will issue a 1 billion renminbi-denominated bond (equivalent to about $165 million) next month to increase foreign investment in China and support the internationalization of the Chinese currency. The issuance marks the largest on the London Stock Exchange by a multilateral institution. […]

NSIA to invest N1.6bn in mortgage refinancing company

The Nigeria Sovereign Investment Authority on Wednesday said it would invest the sum of $10m (N1.6bn) from the Sovereign Wealth Fund being managed by it in the Nigerian Mortgage Refinancing Company. The Managing Director/Chief Executive, NSIA, Mr. Uche Orji, disclosed this while briefing journalists in Abuja on the progress so […]