Author: InvestAdvocate

Bears tighten grip as index falls by 0.32%

By Ademola Alawiye Friday, 10 Dec 2010 The bearish trend at the equities sector of the Nigerian Stock Exchange was sustained on Thursday, as significant indices measuring corporate performance closed negative. At the close of trading activities, a total of N2.97bn was staked on 249.70 million shares in 5,958 deals. Market […]

Nigeria’s Exchange to ascertain integrity qualification of Directors of listed coys

By Peter OBIORA investadvocate Dec 09 2010 16.22 GMT Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) will henceforth ascertain the integrity qualification of Directors of listed companies.   Emmanuel Ikazoboh, Interim Administrator of the NSE made this affirmation Thursday December 09 2010 in Lagos Nigeria at the Triennial Conference of the Independent […]

Oil rises to near $89 as US dollar weakens

By ALEX KENNEDY, Associated Press  SINGAPORE – Oil prices rose to near $89 a barrel Thursday in Asia as a weaker U.S. dollar made crude cheaper for investors with other currencies.   Benchmark oil for January delivery was up 55 cents to $88.83 a barrel at midday Singapore time in electronic trading on […]