The equities section of the Nigerian Stock Exchange closed on a negative note on Tuesday, as major indicators recorded marginal losses. Specifically, the market capitalisation of the listed equities shed 0.01 per cent or N2bn to close at N10.576tn, down from N10.578tn the preceding day. In the same vein, the […]
Author: InvestAdvocate
NSE Launches Alternative Securities Market
By Richard ABANGWU InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Tuesday launched its Alternative Securities Market (ASeM) for Emerging Companies with high potential for growth in Nigeria. In his presentation, Oscar Onyema, Chief Executive Officer (CEO) of the NSE said that ASeM will be a specialised board on the Nigerian […]
AMCON is Succeeding, Says Sanusi
Contrary to the suggestion by the International Monetary Fund (IMF) that the Asset Management Corporation of Nigeria (AMCON) should wind down its operations, the Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, has said the corporation is on track and is achieving its goals. Sanusi, who […]