By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday closed the week on a negative note and declining 1.04 percent to extend Year-to-Date (Y-t-D) loss to 14.70 percent. At the end of the week’s trading on the domestic bourse, all-share index (ASI) and market capitalisation depreciated by […]
Tag: Bonds.
Global stocks rise, dollar falls as Fed rate path reassessed
World stocks rose towards a six-year high on Monday and the dollar and bond yields slipped as last week’s weak U.S. jobs data strengthened the case for the Federal Reserve to keep interest rates low for longer. Emerging markets were one of the biggest beneficiaries, having previously been under pressure […]
Ekiti raises additional N5bn under bond issuance scheme
The Ekiti State Government says it has raised N5bn from the capital market, completing a N25bn bond issuance programme it started in 2011. A statement, which was made available to our correspondent on Wednesday, indicated the state government had raised N20bn in the first tranche of the programme in 2011. […]
