Updates

NSE ASI, Market Cap Rebounds, as Sentiments Reverses

By InvestAdvocate Lagos (INVESTADVOCATE)-Sentiments reversed in the Nigerian equities market following yesterday’s loss, as the all-share index (ASI) and market capitalisation advanced by 0.15 percent to close at 26,385.80 points. “Today’s gain reduced the Year-to-Date loss to 1.82 percent”, according to Cordros daily market update. The report says the Banking […]

Nigeria to sell diaspora bonds in March after eurobond issue: source

January 11, 2017/Reuters Nigeria will look to issue a debut diaspora bond by March to raise funds from Nigerians abroad, after completing a $1 billion eurobond sale this month, a finance ministry source told Reuters on Wednesday. Nigeria is in its first recession in 25 years and needs to find […]

Flour Mills of Nigeria Plc Series 8, 9 & 10 Commercial Paper Issue – Offer Now Open

Culled—Proshare January 11, 2017/Arthur Steven Asset Management Flour Mills of Nigeria PLC Series 8, 9 & 10 Commercial Paper is now open for subscription and is due to close on Friday, January 13, 2017. Please find below a summary of the terms of the offer. Kindly note that allocations will be made across […]