By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The Nigerian Stock Exchange (NSE) value declined by 6.25 percent (-6.25%) to close the week compared to +30.27% recorded the previous week. To record the decline, the NSE’S Turnover was 1.293 billion shares worth N13.725 billion (US$8.07 million) in 20,499 deals this week […]
Author: InvestAdvocate
Portfolio Diversification: Nigeria’s Exchange Reviews Market Indices
By InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian Stock Exchange Friday said it has reviewed its Market Indices for year 2013 to allow for adequate Portfolio diversification. This is contained in a Statement by Wole Tokede, Head, Media Relations of the Nigeria’s Exchange and made available to InvestAdvocate in Lagos Nigeria. “As […]
Rights issue: Oando concludes plans to raise N55bn
Oando Plc has concluded plans to raise N54.5bn from the Nigerian capital market through a Rights Issue exercise. The company is quoted in the oil and gas sector of the Nigerian Stock Exchange, as well as the Johannesburg Stock Exchange of South Africa. A statement by the company on Thursday, […]
