September 15, 2016/Reuters Nigeria raised 121 billion naira ($372.88 million) in an auction of local-currency bonds on Wednesday, with yields higher across the board, the Debt Management Office said on Thursday. The debt office sold 15 billion naira of 2021 paper at 15.14 percent at Wednesday’s auction, compared with 15.08 […]
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IMF Managing Director Christine Lagarde Appoints Abebe Aemro Selassie as Director of the IMF’s African Department
September 15, 2016/IMF Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), today announced her intention to appoint Abebe Aemro Selassie as Director of the IMF’s African Department. Mr. Selassie succeeds Antoinette Sayeh whose departure was announced previously. He is expected to begin his work in this capacity […]
NSE All Share Index Rise 0.30% to 27,725.40 Basis Points
Lagos (INVESTADVOCATE)-At close of Thursday’s session, the Nigerian Stock Exchange (NSE) all-share index rose 0.3 percent to close at 27, 725.40 basis points. Twenty eight gainers and sixteen losers were recored as oil marketing firm Conoil led the gainers with a gain of N2.68; while drugmaker, Neimeth International Pharmaceuticals Plc […]
