Wednesday, June 19

Capital Market

The value of international loan securities issued by African entities to raise funds for investments complying with Environmental, Social, and Governance principles has hit $4.4bn in 2024. According to an Ecofin Agency report on Monday, the value of ESG bonds between January and February 2024 had surpassed the $1.4bn raised in 2023. The African Development […]

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The Nigerian stock market dropped by 0.40 percent as investors responded to the most recent Consumer Price Index data from the country’s statistics bureau. When trading ended on Monday, the All-Share Index and the market capitalisation both decreased by 0.40 percent to 104,663.34 points and N59.18tn, respectively. Experts at Arthur Stevens Asset Management Limited stated […]

The pension fund's value in dollars decreased by 29 percent to $14.39 billion in January 2024 from $20.41 billion in December 2023. The January unaudited report on the pension funds industry portfolio stated that the value of the pension fund was converted at the rate of N1,356.88/$ in January from N899.39/$ in […]

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