Capital Market

Asia stocks drop as oil rout deepens, yuan extends slide

Sun Dec 13, 2015/Reuters By By Shinichi Saoshiro Asian stocks fell on Monday and China’s yuan hit fresh 4-1/2 year lows as plunging oil prices added to investors’ nervousness about riskier assets ahead of an expected U.S. rate rise by the Federal Reserve later in the week. The People’s Bank […]

Champion Breweries Names Samson Aigbedo, Helen Umanah New Directors

By InvestAdvocate Lagos (INVESTADVOCATE)-Brewer, Champion Breweries Plc on Friday named Samson Aigbedo and Helen Umanah as new directors of the company. The beer maker in an issuers announcement with the Nigerian Stock Exchange (NSE) said the appointments of the duo is coming on the heels of the resignation of Didier […]

NSE Index, Market Cap Fell 1.31% Week-on-Week

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The All Share Index and market capitalisation fell by 1.31 percent week-on-week (w/w) to close at  27,269.71 basis points and N9.376 trillion respectively. Similarly, nine (9) other Indices finished lower during the week, with the exception of the NSE Oil and Gas Index that rose […]