By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian stock exchange (NSE) all-share index (ASI) closed the week -1.34 percent (-1.34%) down for the second consecutive week. Weekly stock market reports from analyst shows that the NSE ASI depreciated by -1.34% to a 6-1/2 lowto close at 38,295.74 basis points, compared with the depreciation of […]
Capital Market
Ecobank Nigeria Commits To Massive Power Sector Funding
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, […]
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 […]
