Ecobank Transnational Incorporated Plc has scrapped the sale of part of its Nigerian business because falling market values mean it wouldn’t get a good enough price, the Chief Executive Officer, Mr. Ade Ayeyemi, said on Tuesday. “The market is not right for us to be selling part of that unit,” […]
Capital Market
SEC to Grow Non-Interest Products to 25% of Market Cap
October 6. 2015/SEC The Securities and Exchange Commission (SEC) has revealed that it is planning to grow non-interest capital market products to be 25 percent of the overall market capitalisation. This disclosure was made Tuesday by the Director General of SEC Mr Mounir Gwarzo in Abuja at a round table […]
Nigerian Equities Sheds 2.84% M-t-D
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian equities continued its decline on the performance of the oil/gas sector as all-share index (ASI) on Tuesday dropped 0.25 percent to close at 30,330.58 basis points, while market capitalisation fell by N25.88 billion to close at N10.42 trillion. The current losing streak has so […]
