President Goodluck Jonathan will leave Abuja Tuesday for the World Economic Forum in Davos, Switzerland where he will lead efforts to attract beneficial global participation in this year’s World Economic Forum on Africa which will be hosted by Nigeria in Abuja from May 7-9 in Abuja. President Jonathan who will […]
Tag: Africa
Islamic finance body IILM to expand sukuk issuance to $860 million
Malaysia-based International Islamic Liquidity Management Corp (IILM) will expand its Islamic bond programme by $370 million to $860 million next week, increasing its issuance of short-term sukuk for the first time since its launch last year. The IILM, a consortium of central banks from Asia, the Middle East and Africa, […]
Nigerian finance resurges but investors still shy
Nigeria’s financial markets posted healthy gains in 2013 but five years on from the global financial meltdown, local investors are still wary of sinking their money into stocks. The market capitalisation of the nearly 200 listed companies on the Nigeria Stock Exchange (NSE) rose by 41 percent in the 12 […]
