Investors in Nigeria’s power assets may be required to list on the Nigerian Stock Exchange (NSE) in the next five years as the bourse targets a $1 trillion market value by 2016. The Director-General, Securities and Exchange Commission (SEC), Arunma Oteh, disclosed this in an interview with Bloomberg. The government […]
Tag: Investors
Naira Advances 2nd Day as Yields Drop to Record Low at Debt Sale
The naira advanced for a second day after investor inflows into a Nigerian bond auction pushed yields to a record low. The currency of Africa’s biggest oil producer rose 0.2 percent to 157.5 a dollar at 11:14 a.m. in Lagos, the commercial capital. The naira has gained 3.1 percent this […]
‘Nigerian Markets Attractive to Long-term Investors’
A report by the Oxford Business Group (OBG) has described the Nigerian economy as a destination for long-term investors. According to a statement, the latest OBG report titled: “Nigeria 2012,†also contained contribution from President Goodluck Ebele Jonathan, together with a detailed, sector-by-sector guide for investors. Regional Editor, Robert Tashima, […]
