Culled—Proshare May 30, 2018/Zedcrest Capital ***NAFEX Rate hits 9-Month high at N362.02/$*** Bonds The Bond market traded on a bullish note, with yields trending lower by c.20bps d/d. This was driven by local client demand especially on the short and medium tenured buckets. We witnessed the most demand around the […]
Investors Bite
Sukuk Volumes Grow but Structural Constraints Remain
29/5/ 2018/Fitch Ratings The relatively moderate growth in sukuk volumes in 1Q18 highlights continued interest in the asset class, but also the structural constraints on faster expansion, Fitch Ratings says. Issuer funding needs and investor appetite for the remainder of the year will be determined by various factors including oil […]
SEC Warn Investors on Suspicious Activities of Partnership Investment, Subsidiaries
May 30, 2018 By Abdulquddus OKELE InvestAdvocate Lagos (INVESTADVOCATE)-The Securities and Exchange Commission (SEC) on Wednesday alerted investors on an electronic message being circulated on behalf of Partnership Investment Company Plc and its subsidiaries and warned it was very suspicious. “The attention of the Securities and Exchange Commission, Nigeria (“SEC”) […]
