Capital Market

October 16, 2017

Nigeria Update: IMF sees improved forex market in Nigeria as reserves hit $33 billion

The nation’s foreign exchange market may have scored a positive outlook, at least in the near term, as the International Monetary Fund (IMF), admitted that there […]
October 16, 2017

Nigeria Update: N13.5bn of shares traded last week – NSE

A total turnover of 1.555 billion shares worth N13.504bn in 18,409 deals were traded last week by investors on the floor of the Nigerian Stock Exchange, […]
October 16, 2017

Africa Update: Ethiopian Commodity Exchange in turmoil

The Ethiopian Commodity Exchange (ECX), which is under massive reform, lost its two top management members a few weeks after the resignation of the Chief Executive […]
October 13, 2017

Nigeria Update: Fidelity Bank sells $400m bonds with 10.75% yield

Fidelity Bank Plc sold the highest-yielding Eurobond from emerging markets this year, joining a rush for issuance before higher United States interest rates push up borrowing […]