BY VICTOR OGIEMWONYI Victorogiemwonyi@gmail.com In December 2012′ the Minister of Finance and the Coordinating Minister of the Economy Dr Ngozi Okonjo Iweala announced a package of measures designed to boost confidence in the Nigerian Capital Market and particularly to bring investors back to the Nigeria Stock Market. She stated some […]
Author: InvestAdvocate
Market capitalisation rises by N87bn
Trading activities on the Nigerian Stock Exchange continued on an upward trend on Monday as major indicator recorded significant appreciation. The market capitalisation of the listed equities rose by N87bn or 0.8 per cent from N10.370tn last Friday, to N10.457tn. Similarly, the NSE’s All-Share Index increased by 273.17 basis points […]
45 mortgage banks may not survive recapitalisation- MBAN
Indications have emerged that only 25 Primary Mortgage Institutions out of over 70 firms may survive the April recapitalisation deadline set by the Central Bank of Nigeria for the mortgage sector. The President, Mortgage Banking Association, Mr. Abimbola Olayinka, said at a press conference in Lagos on Monday that merger […]
