By InvestAdvocate Lagos (INVESTADVOCATE)-The bulls on Thursday sustained its hold on the Nigerian bourse as all-share index (ASI) rose 0.99 percent to close at 27,028.24 points, while market capitalisation increased by N90.80 billion to N9.28 trillion. “Today’s performance further extended the Month-to-Date gain to 7.84 percent and pared the Year-to-Date […]
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Nigeria looks to sukuk for infrastructure funding needs
Wed May 18, 2016/Reuters May 18 Nigeria hopes to use a proposed Islamic bonds issuance programme to help fund big infrastructure needs in Africa’s biggest economy, aiming to tie the transaction to one of several projects, a Nigerian finance official told Reuters. Nigeria plans to borrow as much as $10 […]
New UN study finds digital payments to Ebola response workers saved lives, $10 million
18/5/2016/Better Than Cash Mobile phones serving as digital “wallets” for payments to response workers proved an invaluable tool in Sierra Leone’s response to the Ebola crisis, according to a new study from the United Nations-based Better Than Cash Alliance (www.BetterThanCash.org). With economic instability, natural disasters and political conflict now taking […]
