By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian equities on Friday gained 2.17 percent as all-share index (ASI) and market capitalisation climbed up 30,332.68 basis points and N10.425 trillion to close the week. Similarly, all the Indices finished higher during the week, except the Nigerian Stock Exchange (NSE) Alternative Securities Market (ASeM) […]
Capital Market
NSE Sustain Bullish Momentum, Index up 0.17% on Banking, Consumer Goods Stocks
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Thursday sustained its bullish momentum as all-share index (ASI) climbed up 0.17 percent to close at 30,410.39 basis points, while market capitalisation grew by N17.50 billion to N10.45 trillion. Today’s gain coming on the heels of Banking and Consumer […]
“Calm Down,” No More Naira Devaluation- Emefiele Tell Banks
By InvestAdvocate Lagos (INVESTADVOCATE)-Godwin Emefiele, governor of Central Bank of Nigeria (CBN) on Thursday advised banks not to panic as there would be no more naira devaluation, a move that drains billions of dollars from the financial sector, a Reuters report quoted him as saying in an interview. According to […]
