Press Release The Nigerian Stock Exchange (NSE) is the latest bourse to be admitted by the Inter-market Surveillance Group (ISG) as the allianc erecently informed The NSE that its application to join the ISG was successful after a rigorous review process. The admission of the NSE to the ISG is […]
Capital Market
South Africa’s central bank hikes key rate to 5.5%
South Africa’s central bank raised its key interest rate to 5.5 percent on Wednesday as concerns grew over its weakening currency amid an emerging market rout. The bank hiked its key interest rate – the rate at which it lends to commercial banks – 50 basis points (bps) to 5.5 […]
Private Placement: Barcelos Cancels Listing on Nigerian Bourse
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Portuguese branded eatery Food Emporium International Limited (Barcelos) will no longer list its shares on the floor of the Nigerian Stock Exchange (NSE) as promised in its 2008 private placement memorandum. Wale Agbeyangi, Managing Director (MD) Cordros Capital Limited, co-financial advisers to the company’s placement […]
