Capital Market

Udoma, Enelamah Resigns from UACN on Appointments as Ministers

By InvestAdvocate Lagos (INVESTADVOCATE)-Senator Udoma Udo Udoma and Okechukwu Eyinna Enelamah has resigned from the board of UAC of Nigeria Plc as non-executive directors with effect from Thursday November 12, 2015 following their appointments as ministers of the Federal Republic of Nigeria. The company said the development is coming pursuant […]

NSE Records Marginal Loss of 0.01% to Close Week

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) closed the week with a marginal loss of 0.01 percent as negative sentiments from the previous week lingered on the bourse for most of the week. Cordros weekly market update says this is coming on the heels of a Friday […]

Nigerian Equities Continues Descent, Decline 0.74%

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Thursday continued its descent as all-share index (ASI) declined 0.74 percent to close at 28,798.67 basis points, while market capitalisation decreased by N74.29 billion from N9.97 trillion to N9.90 trillion. Cordros daily market update says the decline extended the Month-to-Date (M-t-D) and […]