Capital Market

NSE Benchmark Index Dip 0.60% on Losses in Banking, Oil & Gas Stocks

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian Stock Exchange (NSE) all-share Index (ASI) on Wednesday dipped 0.60 percent to close at 29,396.31 basis points, while market capitalisation decreased by N60.69 billion to close at N10.10 trillion. Cordros daily market update affirmed that today’s performance extended the Month-to-Date (M-t-D) and […]

Doing Business 2016: World Bank Says Sub-Saharan Africa Economies Accounts for 30% of Improved Business Rules

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The World Bank on Tuesday said Sub-Saharan Africa accounted for 30 percent of the 231 reforms implemented worldwide during the past year to make it easier for local businesses to start and operate, according to its latest report on ease of doing business. The report […]

Negative Sentiments Persist on NSE, Index Down 0.86%

By InvestAdvocate Lagos (INVESTADVOCATE)-Negative sentiments on Tuesday persisted on the Nigerian Stock Exchange (NSE) as all-share index (ASI) dipped 0.86 percent to close at 29,572.90 basis  points, while market capitalisation decreased by N88 billion to close at N10.16 trillion. “Today’s decline increased the Month-to-Date and Year-to-Date losses to 5.27 percent […]