Renaissance Capital, a unit of the Russian investment bank, has said Nigerian equities market remains attractive to both local and institutional investors. The bank has, therefore, recommended that investors who want to record profits in their investments should consider increasing their holdings in the Nigerian equities. Rencap’s Chief Executive Officer, […]
Author: InvestAdvocate
Index dips by 0.4% as 34 stocks lose
Equity trading activities on the Nigerian Stock Exchange continued on a negative note on Wednesday, breaking the rally, which existed for the greater part of last week. Specifically, the NSE’s All-Share Index fell by 0.4 per cent or 132.28 basis points from 33,487.82 points on Tuesday, to 33,355.54 basis points. […]
IMF endorse Single Supervisory Mechanism for Euro Area Banking Union
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The International Monetary Fund (IMF) has endorsed a Single Supervisory Mechanism (SSM) for Euro Area Banking Union. This is contained in an IMF Staff Discussion Note “A Banking Union for the Euro Area†released February 2013 and made available to www.investadvocateng.com. In discussing […]