Capital Market

Asian stocks shake off Wall Street shadow, dollar gains

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 […]

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 […]