Stocks extended gains on Thursday with the Nigerian Stock Exchange All Share Index appreciating by 91.49 basis points or 0.34 per cent to close at 26,883.76 basis points after opening at 26,792.27 points. Similarly, the Market Capitalisation of listed equities of the NSE rose by N29bn to close at N8.567tn. […]
Author: InvestAdvocate
CBN reviews airline intervention fund guidelines
The Central Bank of Nigeria on Thursday issued a revised guideline for accessing the Federal Government’s N300bn Power and Airline Intervention Fund. The bank, in a circular posted on its website, said, “In a bid to catalyse financing of the real sector of the Nigerian economy, the CBN has, in […]
JPMorgan reaches deal with SEC staff on two mortgage probes
JPMorgan Chase & Co has reached an agreement in principle with the staff of the U.S. Securities and Exchange Commission to resolve two previously disclosed investigations related to mortgage-backed securities, the company disclosed in a quarterly filing on Thursday. The company did not say how much the settlements could cost. […]
