By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Thursday shed 0.06 percent as all-share index (ASI) closed at 30,123.20 basis points, while market capitalisation dipped by N6.14 billion to close at N10.35 trillion. Today’s trend is coming on the heels of modest gains in key Consumer Goods […]
Capital Market
ETI scraps sale of stake in Nigerian unit
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,” […]
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 […]
