* Osun State issues Nigeria’s first sukuk -bankers * Nigeria tapping into growing demand for Islamic debt Nigeria’s Osun State has issued a 10 billion naira ($62 mln) sukuk yielding 14.75 percent, bankers said on Wednesday, the first Islamic bond from a major economy in sub-Saharan Africa. The cocoa-producing, southwestern […]
Tag: InvestAdvocate
IMF Endorse Kenya’s Economic Reforms for Last 3 Years
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday endorsed Kenya’s economic reforms for the last three (3) years. This is coming on the heels of the Fund’s mission led by Domenico Fanizza to conduct the sixth and last review under the three-year Extended Credit Facility […]
CISI Bill 2013: NSE Presents memo to Senate
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange said it has presented a memorandum to the Senate Committee on Capital Markets to replace the Chartered Institute of Stockbrokers (CIS) Act 2004 with the Chartered Institute of Securities and Investment Bill 2013 (CISI). The NSE said the objective of […]
