Capital Market

Naira depreciates further at parallel market

October 6, 2015/ NAN The Naira on Monday further depreciated against the Dollar at the parallel market. The Naira lost N1.50 to the Dollar as it was traded at N225.5 to the dollar on Monday afternoon. This is against the N224 to the Dollar recorded last Friday. Meanwhile, the official […]

NSE Sheds 0.60% to Commence Week

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday commenced the week on a negative note as all-share index (ASI) shed 0.60 percent to close at 30,405.88 basis points, while market capitalisation dipped by N62.73 billion to close at N10.45 trillion. According to Cordros daily market update, […]

Chams Plc Appoints Olufemi Williams New CEO

By InvestAdvocate Lagos (INVESTADVOCATE)-Chams Plc has appointed Olufemi Williams as the new managing director of the company, Chams said in a notice to the Nigerian Stock Exchange (NSE) late  last week. This is further to the company’s notification of February 2015 that Demola Aladekomo will retire from the board effective […]