Foreign Bond Buyers Stranded In Nigeria Risk 100% Loss
Foreign investors tempted into buying Nigerian debts paying interest of 13 percent a year ago are unable to move their cash out.
Worse still, the rate that investors earn for lending money to the government by purchasing...
Investors Shun Cheap Stocks In Nigeria – Report
Nigerian stocks are signalling better returns than less-risky local debt markets, where rates are at the lowest in a decade.
Yet investors are shunning the opportunity, wary of a mix of domestic and external threats, according to Bloomberg.
Trading...
NNPC Opens Bid For Depot, Pipelines Repair To Investors
The Nigerian National Petroleum Corporation has called on investors to bid for the repairs of pipelines and depots across the country.
It made the call through its bid and tender notice published on its website on Wednesday.
Most...
Stock Market Advances As Investors Gain N23bn
The equities market on Wednesday closed positive with a gain of N23bn following gains recorded by 18 quoted firms.
The key performance indices, NSE ASI and market capitalisation, appreciated by 0.18 per cent with market breathe closing positive with...
Investors Gain N176bn As Equities Market Rebounds
The stock market recorded a positive performance as gains in Dangote Cement (+10.0percent) and MTNN (+7.4percent) drove the benchmark index up 140bps to settle at 24,512.27 points.
Consequently, investors gained N176.7bn as market capitalisation advanced to N12.8tn while year...
Equity Market Records Marginal Loss
Equity investors on Wednesday recorded marginal loss as market almost closed on flat note, depreciating by 0.004 per cent.
Consequently, the All-Share Index dipped 95.01 basis points or 0.004 per cent to close at 24,173.53 index points as against 24,174.45 recorded...
