Press Release December 17, 2013 – Ecobank Nigeria has projected Power sector funding of at least $5 billion p.a. over the next 5 years starting from 2014. This according to the bank is in line with its policy to support the growth and development of the Power sector in Nigeria, […]
Capital Market
Nigeria 10-year bond yield drops 18 bps; pressure eases after selloff
Yields on Nigeria’s 10-year debt dropped 18 basis points to 14.07 percent as selling pressure eased, a day after the suspension of the central bank governor caused a selloff in its bond, currency and stock markets. The 2022 benchmark debt, listed in the JP Morgan emerging government bond index and […]
Nigerian stocks hit 6-1/2 month low on banking selloff
Nigeria’s main share index fell 1.34 percent to a 6-1/2 month low on Friday, dragged down mainly by its banking sector, a day after the suspension of the country’s central bank governor caused a broad financial market selloff. The index of Nigeria’s top ten banking index shed 2.25 percent/ The […]
