Investors Bite

Africa Finance Corporation issues US$150 million maiden Sukuk

24/1/2017/AFC Africa Finance Corporation (AFC) (www.AfricaFC.org), a leading pan-African multilateral development finance institution and project developer, has issued its maiden Sukuk, the highest-rated Sukuk issuance from an African institution. Following high levels of investor interest, the initial target of US$100 million was more than twice oversubscribed, resulting in the transaction […]

NSE Admits SIAML Pension ETF 40 to its Daily Official List

24/1/2017/NSE It gives me great pleasure to welcome you to The Nigerian Stock Exchange (The Exchange) for the Facts Behind the Listing Presentation of SIAML Pension ETF 40. On behalf of the Council, Management and Staff of The NSE, I congratulate the Board and Management of StanbicIBTC Asset Management Limited […]

Equities Market Reverses Gain, Slumps 0.05%

24/1/2017/Cordros Research The Nigerian equities market reversed yesterday’s gain, with the All Share Index declining by 0.05% to close at 26,217.54 points. Today’s negative performance increased the Year-to-Date loss to 2.44%. The Banking (-1.13%) and Insurance (-0.30%) indices closed lower, as ZENITHBANK (-3.5%), ACCESS (-0.71%), AIICO (-3.33%) and WAPIC (-1.92%) […]