December 14, 2016/Cordros Research The Nigerian equities market extended gains for the fifth consecutive session. Surpassing yesterday’s gain, the ASI advanced by 1.29% to close at 26,407.64 points. Extended gains in oil and gas names filtered into today’s session and contributed significantly to the positive performance. Today’s bullish performance increased […]
Updates
NSE Admits By Introduction N6.3billion Fixed Rate Bond of WEMA Funding SPV PLC
December 14, 2016/NSE The Nigerian Stock Exchange ( “NSE” or “Exchange”) is pleased to announce the Listing by Introduction of N6,295,000,000 Series 1:7-Year 18.50% Fixed Rate Bond Due (2023) under the N50,000,000,000 Wema Funding SPV Plc Debt Issuance Programme. Commenting on the listing, Oscar N. Onyema, OON, Chief Executive Officer, […]
Buhari Presents N7.298trn 2017 Budget
December 14, 2016/The Will President Muhammadu Buhari on Wednesday presented a N7.298 trillion 2017 budget, bench-marking the appropriation bill at N305 against one US dollar and the oil benchmark at $42.50. The document also projected 2.2 million barrels as daily oil production. The budget, which is 20.4 per cent bigger […]
