Capital Market

IOSCO consults on Other CRA Products and their use by market participants

November 7, 2016/IOSCO The Board of the International Organisation of Securities Commissions (IOSCO) today published a consultation report titled Other CRA Products, which seeks further insight into how market participants use non-traditional, products or services offered by credit rating agencies (CRAs). The objective of the consultation report is to clarify […]

Lafarge Says Total Outstanding Shares now 5.42 Billion

 By InvestAdvocate Lagos (INVESTADVOCATE)-Cement producer, Lafarge Africa Plc said on Friday that total outstanding shares of the company now stood at 5,423,567,700. This is coming on the heels of the addition of  413,175,709 ordinary shares were added to the outstanding shares of  Lafarge from the acquisition of indirect 50 percent […]

Equities End Week with 1.15% Loss on Increased Supply

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Friday ended the week with a loss as the Nigerian Stock Exchange (NSE) all-share index (ASI) and market capitalisation depreciated by 1.15 percent  and 0.93  percent to close at 26,981.60 and N9.288 trillion respectively. “Similarly, all other Indices finished lower during the […]