Capital Market

Nigerian Equities Reports 0.90% Gain to End Week

By InvestAdvocate Click here to read full report Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange all-share index (NSEASI) and Market CapitaliSation appreciated by 0.90 percent to close the week at 25,238.01 and N8.734 trillion respectively. NSE weekly stock market update reports that all other Indices finished higher during the week with the […]

Nigeria stocks at 16-year high in dollar terms on weaker naira

March 9, 2017/Reuters Nigerian stocks climbed to a 16-year high in dollar terms on Thursday after a sharp drop in the value of the naira currency undervalued equities. Stocks have risen 86 percent so far this year in dollar terms to levels last seen in 2001, according to Thomson Reuters […]

Nigeria’s stock exchange to seek approval for public listing

March 9, 2017/Reuters The Nigerian Stock Exchange plans to seek approval from its members on March 30 to proceed with the process of becoming a publicly listed company, it said. Nigeria’s bourse, the second-biggest in sub-Saharan Africa after Johannesburg and one of the main entry points to invest in Africa, […]