Capital Market

Direct Settlement of Transaction Executed on The Exchange

Culled—Proshare February 6, 2017 In line with the direct cash settlement initiative agreed at the November 2015 CMC meeting, the Nigerian Stock Exchange has come up with a product, Direct Cash Settlement, which allows it to credit directly investors’ bank account with the proceed from trades executed by brokers on […]

Nigerian Equities Resume Week Negative, as Y-t-D Losses Increase 4.97%

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Monday resumed the week on a negative note as the all-share index (ASI) shed 0.83 percent to close at 25,587.09 points. “Today’s negative proceedings increased the Month-to Date and Year-to-Date losses to 1.73 percent and 4.79 percent respectively, according to reports from […]

Stocks Closes Week Negative as NSE ASI Down 2.00%

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday closed the week on a negative note as the all-share index (ASI) and market capitalisation depreciated by 2.00 percent and 1.84 percent to close at 25,802.54 and N8.892 trillion respectively. “Similarly, all other Indices finished lower during the week with […]