The rally in the equities segment of the Nigerian Stock Exchange, which began last week, continued on Tuesday, with major indices closing positive. The market capitalisation of the listed equities gained N122bn or 1.3 per cent, from N9.374tn on Monday to close at N9.495tn. Similarly, the NSE’s All-Share Index was […]
Author: InvestAdvocate
Rewarding Bad Behaviour in the Capital Market
It is important to lend additional voice and question the rationale behind the federal government N22.6 billion bail-out of some capital market operators. It is tantamount to rewarding bad behavior and excessive risk-taking at public expense. For the stock broking firms that will benefit from this largesse, if their investments […]
World Economy Still Fragile- World Bank Report
Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The World Bank Tuesday said four (4) years after the onset of the global financial crisis, the world economy remains fragile and growth in high-income countries is weak. This is contained in a Press Release on the Global Economic Prospects (GEP) Report by the World Bank […]
