Capital Market

Nigerian Equities Extend Losses; ASI Dips 2.72% on Profit-Taking

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Wednesday extended losses to a second consecutive session as the all-share index (ASI) declined 2.72 percent to close at 26,910.23 points, while market capitalisation dropped further by N258.59 billion to N9.24 trillion. “Today’s performance further increased the Year-to-Date loss to […]

IOSCO Issues Survey Report on Audit Committee Oversight of Auditors

31/5/2016/IOSCO The Board of the International Organisation of Securities Commissions (IOSCO) today published the Survey Report on Audit Committee Oversight of Auditors, which seeks to help identify audit committee practices that could improve audit quality at publicly listed entities. The report summarizes the results of an IOSCO survey of its […]

Local Equities Maintain Winning Streak, ASI Close 28,260.61 Points

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Wednesday maintained its winning streak as all-share index (ASI) closed at 28,260.61 points, while market capitalisation climbed up by N353.45 billion to N9.71 trillion. “Today’s positive performance extended the Month-to-Date gain to a sizeable 12.76 percent and significantly pared the Year-to-Date loss […]