By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian stock exchange (NSE) Friday listed N2.752 billion worth of Vetiva Griffin 30 exchange traded fund (VG 30 ETF) securities at N17.27 kobo. To list the N2.752 billion worth of VG 30 ETF securities, Vetiva Fund Managers Limited listed a total of 159,400,000 units […]
Author: InvestAdvocate
U.S. regulator sues 16 banks for rigging Libor rate
The Federal Deposit Insurance Corp sued 16 of the world’s largest banks on Friday, accusing them of cheating dozens of other now defunct banks by manipulating the Libor interest rate. The global financial institutions broke certain swaps contracts they had entered into with the now-closed banks, by separately colluding to […]
Nigerian Equities Market End Week Bearish, Dip by -2.01%
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market ended the week on another bearish note as all-share index (ASI) depreciated by -2.01 percent – (2.01%) as at March 14, 2104. Weekly stock market report from the Nigerian stock exchange (NSE) says that ASI closed at 38,171.32 basis points, while market […]
