Tag: Liquidity

FCMB Raises $115.6 Million Bond in Q3

By InvestAdvocate Lagos (INVESTADVOCATE) –FCMB Group Plc said on Thursday it has raised $115.6 million (N23 billion) bond at the end of its third quarter (Q3), according to a Reuters report quoting Ladi Balogun, FCMB’s chief executive officer. According to the report Balogun said that FCMB still had room to […]

Trading Bank Expansion to boost Liquidity at Stock Market

In the next couple of weeks, the Nigerian Stock Exchange (NSE) will be made to relax restrictions on intraday price swings on all stocks from 5 percent to 10 percent, BusinessDay has learnt. Currently, only the price movement of Market Making stocks at the Nigerian bourse is allowed to go […]