By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday closed in green as the all-share index (ASI) rose 0.42 percent on the back of the Banking and Consumer Goods indices to close at 25,454.75 points, while market capitalisation added N36.35 billion to N8.76 trillion. “Today’s positive performance […]
Capital Market
Stocks Slide into Negative Territory on Resumed Profit Taking, ASI Dips 0.62%
By InvestAdvocate Lagos (INVESTADVOCATE)-Stocks on Monday slumped into the negative zone as sell-offs across major counters saw the all share index (ASI) dip 0.62 percent to close at 25,349.07 basis points, while market capitalisation dropped by N54.35 billion to N8.72 trillion. “Today’s activities cut the ASI’s Month-to-Date gain to 0.17 […]
Restructuring: UNIONDICON Earmarks $100 Million for Diversification-Cordros
By InvestAdvocate Lagos (INVESTADVOCATE)- Salt producer and food products firm, Union Dicon Salt Plc (UNIONDICON) said its seeking to restructure and has earmarked $100 million for diversification, according to Cordros capital company update. Cordros reported that the plan, according to its management is to transform the company from an integrated […]
