Author: InvestAdvocate

Nigeria’s Capital Market: Central Depository House reviews service/product charges

The Nigeria’s Capital Market Central Depository House, the Central Securities  Clearing System (CSCS) has reviewed charges of its services and products with effect from January 01 2012. This was contained on the webiste of the Nigeria’s CSCS. Below are the services/products and the new rates. REVIEW OF CSCS PRODUCT/SERVICE CHARGES […]

Afren announces oil discovery off Nigeria coast

Afren PLC says it has discovered a new oil find just off Nigeria’s southern coast. In a statement dated Tuesday, the London-based firm says they discovered oil deposits “equivalent to those that have been developed and are in production at the Okoro main field.” The Okoro field now produces roughly […]

Market capitalisation falls by 0.1%

Equity trading activities on the Nigerian Stock Exchange resumed this week on a negative trend, with major indicators declining marginally. The market capitalisation of listed shares fell by 0.1 per cent or N5bn, from last week’s closing figure of N6.567tn recorded on Friday to close at N6.562tn. Similarly, the NSE’s […]