By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) All-Share Index (ASI) Friday inched up by 0.94 percent (0.94%) to close the week after the Christmas holidays. The NSE ASI appreciated by +0.94% to close at 40,231.68 basis points, compared with the depreciation of -0.12% recorded previously. According to the Nigeria’s Exchange stock […]
Capital Market
Euro rises to more than two-year high; yen falls
The euro jumped to its strongest level against the dollar in more than two years on Friday as banks adjusted positions for the year end, while the yen hit five-year lows for a second straight session. The dollar was broadly weaker against European currencies, including sterling and the Swiss franc. […]
Nasdaq to compensate firms on December 31 for botched Facebook IPO
Nasdaq OMX Group Inc will compensate firms on December 31 for qualifying claims related to Facebook Inc’s botched May 2012 initial public offering, the exchange operator said in a note to traders on Friday. Nasdaq said previously it would pay up to $41.6 million in claims to market participants that […]
