The dollar pushed higher on Friday and Asian stocks clawed their way off session lows, moving past downbeat results on Wall Street as some investors wagered that upcoming U.S. data will paint an optimistic picture of the world’s largest economy. The dollar index, which tracks the greenback against a basket […]
Capital Market
DMO to Raise N270bn in First quarter
The Debt Management Office (DMO) is to raise between N200 billion ($1.26 billion) and N270 billion ($1.70 billion) from the sale of FGN bonds in the first quarter of 2014, according to its provisional calendar. The issuance shows an increase of N65 billion or 32.5 per cent and N35 billion […]
Nigeria’s Central Bank Releases Financial Stability Report-June 2013
Global output was projected to grow at 3.1 per cent in 2013, the same rate as in 2012, owing to weak demand and growth in major emerging economies, persisting crisis in the Euro area, and weak expansion of the US economy. These factors, combined with improved supply of commodities, were […]
