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 […]
Capital Market
2016 Market Recap, Outlook for 2017: NSE Says to Focus on Achieving its Goal of Demutualisation
January 12, 2016/NSE 2016 Global Economic Summary The global economy remained sluggish in 2016 with a forecast of 3.1% in global GDP growth according to the International Monetary Fund (IMF), compared to 3.4% originally projected, and 3.2%1 achieved in 2015. Uncertainty took center stage during the year, as global economies […]
SEC Unveils Rules on Capital Market Holding Companies, Others for Exposure
January 12, 2017/SEC The following are proposed rules/amendments for exposure to stakeholders/general public for comments and input. All comments should be forwarded to rulescommittee@sec.gov.ng or through the DG, SEC not later than two (2) weeks from the date of this publication. Capital Market Holding Companies Rules Definition of terms Capital […]
