Updates

Fitch Rates Nigeria’s USD Diaspora Bonds ‘B+(EXP)’

June 15, 2017/Fitch Ratings (This statement was made by the rating agency on June 14, 2017) Lagos (INVESTADVOCATE)- Fitch Ratings has assigned Nigeria’s upcoming USD- denominated senior unsecured bonds an expected rating of ‘B+(EXP)’. The assignment of the final rating is contingent on the receipt of final documents materially conforming […]

Equities Market Outlook: Nigerian Equities Looking to Finish 2017 Bullish

Investors in the Nigerian equities market are expected to win in 2017 as the current bullish trend is expected to continue. On a year-to-date basis, the NSE ASI rose by 23.82% to 33,276.68 points as at June 09, 2017. In the same period, market capitaliza­tion increased by 24.41% N11.50 trillion […]

Passenger demand drives increase in flydubai’s frequency to Tanzania

June 15, 2017/flydubai Kilimanjaro becomes 3rd point in Tanzania and the 12th point on the flydubai African network The new service increases the total number of flights to Tanzania to 14 flights a week Direct flights to Zanzibar to more than double from 29 October 2017 Dubai-based flydubai (www.flydubai.com) today […]