Sovereign Wealth Fund grows to $2bn

Naira notes   The Sovereign Wealth Fund currently stands at $2bn, with the Nigeria Sovereign Investment Authority seeking further growth through agriculture and the addition of asset management. The government’s contribution stands at $1.5bn, with the rest, including funds owned by the institution and those managed for several government agencies, the Chief Executive Officer, NSIA, […]

26 stocks appreciate, market gains N79bn

Nigerian Stock Exchange   The Nigerian Stock Exchange market capitalisation soared by N79bn on Thursday as 26 counters appreciated. The NSE  All-Share Index advanced by 0.62 per cent at the end of trading, pushing the year-to-date return to 38.18 per cent. A total of 412.122 million shares valued at N4.721bn exchanged hands in 4,207 deals. […]