By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Friday closed on a bearish note as All-Share Index (ASI) declined by 0.47 percent (0.47%) to close at 38,738.15 according to the NSE’s weekly stock market report. Similarly, the market capitalization of listed equities at the NSE depreciated by 0.47% […]
Capital Market
Nigeria’s Oando delays deal for ConocoPhillips’ assets
Nigeria’s Oando said on Monday that it has delayed the completion of its $1.79 billion deal to buy Conocophillips’ Nigerian assets by two months to January. Oando has been aggressively seeking equity and bank loan funding to secure funds for the deal’s completion. Source: Reuters
Equities rally boosts index by 0.32%
The equities market closed on a positive note on Monday, with major indicators appreciating. Despite closing on a negative note for the last two sessions of last week, analysts had predicted strong activities this week. At the close of activities on Monday, the Nigerian Stock Excange’s All-Share Index rose by […]
