Capital Market

Abdulsamad Rabiu Commends FG for Local Refineries’ Resuscitation

September 16, 2015/BUA Group …as reduction in prices of LPFO boost production in Local industries The Federal Government has been commended on the resuscitation of local refineries in an interview with Abdulsamad Rabiu, Chairman of BUA Group. According to Rabiu, who is also the Chairman of the publicly listed Cement […]

FMDQ Admits N8.15 Billion Wema Bank Commercial Paper

September 17, 2015/FMDQ Having successfully met the quotation requirements as contained in the FMDQ OTC PLC (FMDQ) Commercial Paper (CP) Quotation Rules, the FMDQ Board Listings and Quotations Committee granted its approval for the quotation of the Wema Bank PLC ?8,154,803,000.00 Series 1 Commercial Paper (CP) Notes under a ?20,000,000,000.00 […]

Bearish Momentum Short-Lived as Nigerian Bourse up 0.16% on Financial Services Stocks

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Bearish momentum was short-lived on Wednesday at the Nigerian Stock Exchange (NSE) as gains recorded in financial services stocks inched up all-share index (ASI) by 0.16 percent to close at 30,359.47 basis points, while market capitalisation grew by N16.39 billion to N10.43 trillion. “Today’s gain […]