Capital Market

NSE Closes Red 0.45% on Active Profit-Taking

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday closed in red as all-share index (ASI) dipped 0.45 percent on active profit-taking activities to close at 27,475.48 points, while market capitalisation fell by N42.26 billion to N9.44 trillion. “Today’s loss further extended the Month-to-Date and Year-to-Date losses […]

Lafarge Africa Seeks SEC Approval to Issue N100 Billion Bond

By InvestAdvocate Lagos (INVESTADVOCATE)-Cement producer, Lafarge Africa Plc said on Tuesday it seeking the approval of the Securities and Exchange Commission (SEC) to issue a N100 billion Series I and II Bond. The cement producer disclosed that the SEC also confirmed the commencement of the Book Build up to N60 […]

NSE Commences Week Bearish, ASI Down 0.13%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Monday opened the week on a bearish note, as all-share index (ASI) dipped 0.13 percent to close at  27,598.54 points, while market capitalisation dropped by N12.32 billion to N9.48 trillion. “Today’s loss extended the Month-to-Date and Year-to-Date losses to 0.23 […]