Capital Market

The Initiates Plc Emerges First Waste Management Company to List on NSE ASeM Board

By Investadvocate Lagos (INVESTADVOCATE) – The Initiates Plc on Tuesday emerged the first waste management firm to list its shares by introduction on the Alternative Securities Market (ASeM) Board of the Nigerian Stock Exchange (NSE). The company listed 889,981,552 ordinary shares of 50 kobo each at N0.85 per share and […]

Vetiva Lists First Bond ETF on NSE

25/10/2016/NSE Vetiva Fund Managers Limited (Vetiva) on October 24, 2016, listed the Vetiva S&P Nigerian Sovereign Bond ETF (“VS&P ETF” or “the Fund”) on The Nigerian Stock Exchange (NSE). The ETF, which is the first Bond ETF to be listed on the NSE, gives investors access to Nigerian Federal Government […]

Stocks Open Week Bearish, In Spite Encouraging Q3 Report by ZENITHBANK

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday commenced the week on bearish note in spite of an encouraging third quarter (Q3) 2016 numbers released by Nigeria’s top tier lender, Zenith Bank Plc. The NSE all-share index (ASI) recorded a marginal loss of 0.08 percent to close at 27,574.95 […]