Nigeria’s financial markets posted healthy gains in 2013 but five years on from the global financial meltdown, local investors are still wary of sinking their money into stocks. The market capitalisation of the nearly 200 listed companies on the Nigeria Stock Exchange (NSE) rose by 41 percent in the 12 […]
Capital Market
NSE All-Share Index Up by 3.03% to Close First Week in New Year
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) All-Share Index (ASI) Friday appreciated by 3.03 percent (3.03%) to close the first week in year 2014. According to the NSE’s stock market weekly report for January 03, 2014, the NSE’s ASI and market capitalisation appreciated by 3.03% to close […]
Capital Reduction: Cadbury Nigeria Applies For Full Suspension
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Food and Beverage Giant, Cadbury Nigeria Plc Friday announced it has applied for its shares to be placed on full suspension by the Nigerian Stock Exchange (NSE) following the company’s capital reduction exercise. The company in a notice to the NSE said that in pursuant […]
