Transnational Corporation of Nigeria Plc says it expects its revenue to rise from N18bn in 2013 to N289bn by 2018, following the progress in its business diversification and expansion plan. The Chief Executive Officer, Transcorp, Mr. Obinna Ufudo, said this on Monday when the company visited the Nigerian Stock Exchange […]
Capital Market
Foreign investment in Nigeria capital market hits N2.4trn
An Economist with the Lagos Business School has said the foreign portfolio investment in Nigeria’s capital market reached $15 billion (N2.36 trillion) in 2013. Dr Doyin Salami said Nigeria remains one of the fastest growing economies in the world due to increase in activities, international trading relations and reduction in […]
NSE All-Share Index Decline by 0.47% to Close Week
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% […]
