By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) all-share index (ASI) opened the week on a bullish note gaining 1.29 percent to close at 30,219.01 basis points, while market capitalisation increased by N132.25 billion to close at N10.39 trillion. Cordros daily market update says the rise in today’s […]
Capital Market
Forte Oil Says 9-Month Profit up 6.7%
By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketer, Forte Oil Plc said on Friday its profit after tax (PAT) for the nine-month period ended September 30, 2015 climbed up 6.7 percent to N4.285 billion from N4.106 billion recorded a year ago. Similarly, profit before tax (PBT) inched up 1.6 percent to N5.288 billion […]
Nigerian Equities Market Slumps 1.10% to Record 2-Straight Week Decline
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Friday slumped by 1.10 percent to record two successive weeks of decline. The Nigerian Stock Exchange (NSE) all-share index (ASI) and market capitalisation closed at 29,834.21 and N10.253 trillion respectively. Similarly, all other Indices finished lower during the week with […]
