Culled—Proshare December 8, 2016/FBNQuest Research CBN data show that gross official reserves picked up by US$820m in November on a 30-day moving average basis to US$24.8bn. The monthly average movement has been an outflow of US$430m over the past 12 months. This first sizeable increase since July 2015, when the […]
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Islamic Development Bank Lists USD$1.25Bn Sukuk On Nasdaq Dubai
Culled—Proshare December 8, 2016/Mondo The Islamic Development Bank (IDB) listed a 1.25 billion US dollar Sukuk today on Nasdaq Dubai, the region’s international financial exchange. It is the seventh Sukuk listing on the exchange by the IDB, making it the largest Sukuk issuer on Nasdaq Dubai at 8.55 billion US […]
Stocks Rally Second Straight Day, NSE Advance 0.25%
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Thursday rallied for the second straight day, with the all-share index (ASI) advancing by 0.25 percent to 25,739.00 points. “Today’s performance increased the Month-to-Date gain to 1.83 percent, whilst trimming the Year-to-Date loss to 10.47 percent, according to Cordros daily market update. […]
