12/1/2017/Reuters Nigeria’s stock exchange NSE is working “very closely” with South African cell operator MTN on a listing of its shares this year, the head of the bourse said on Thursday. “The pressure on MTN has never been higher to list,” NSE Chief Executive Oscar Onyema told a business conference. […]
Capital Market
SEC Cautions Against Investments in Cryptocurrencies, other Virtual, Digital Currencies
January 12, 2017/SEC The attention of the Securities and Exchange Commission, (the Commission) has been drawn to radio advertisements and other modes of solicitations of the public to invest in cryptocurrencies such as Swisscoin, OneCoin, Bitcoin and such other virtual or digital currencies. The public is hereby advised to exercise […]
Bears Sustain Hold on Nigerian Stocks, as Y-t-D Loss Increase 2.03%
January 12, 2017/Cordros Research As expected, bearish sentiments resurfaced in the Nigerian equities market, with the All Share Index declining by 0.21% to close at 26,330.39 points. Today’s negative close increased the Year-to-Date loss to 2.03%. Majority of the indices closed lower, save for the Banking (+0.93%) index. The Oil […]
