Updates

Announcement of Monthly FGN Bond Auction- February 2016

February 3, 2016/NSE Amount & Tenor N40,000,000,000 – 15.54% FGN FEB 2020 (5-Year Re-opening) N50,000,000,000 – 12.50%FGN JAN 2026 (10-Year Re-opening) Auction Date: Wednesday, February 10, 2016 Settlement Date: Friday, February 12, 2016 Units of Sale: N1, 000 per unit subject to a minimum subscription of N10, 000 and in […]

Maryam Uwais Exits Stanbic IBTC as Independent Non-Executive Director

By InvestAdvocate Lagos (INVESTADVOCATE)-Stanbic IBTC Holdings Plc on Thursday announced the resignation of Maryam Uwais as an independent non-executive director from the board of the financial Holdco. “Her resignation is effective from February 2, 2016,” Stanbic IBTC said in an issuer’s announcement with the Nigerian Stock Exchange (NSE). According to […]

Nigeria 2016 Outlook: A Dim Reflection

February 4, 2016/Cordros Research GLOBAL The global economy is expected to grow at 3.1% in 2015 (vs. 3.4% in 2014) – according to IMF estimates – before picking up modestly to grow at 3.4% in 2016. The lower growth in 2015 was a result of patchy recovery in developed economies, […]