Capital Market

Bulls Appear on Nigerian Bourse as Stocks Gain 2.29% to Commence Week

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Bulls on Monday appeared at the Nigerian Stock Exchange (NSE) as all-share index (ASI) gained 2.29 percent to close at 30,369.97 basis points, while market capitalisation grew by N234.01billion to N10.44 trillion. This is coming on the heels of strong demand for the Consumer Goods […]

World Bank Warns Shortage of Long-Term Finance Chokes Growth in Developing Countries

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The World Bank said on Monday shortage of long-term financing since the 2008 crisis is choking the investment-backed growth of companies in developing countries and hampering the ability of credit-worthy families to borrow for education and housing needs and escape poverty. The new World Bank […]

Fidson Increases Dividend 50% Proposes 15 Kobo per Share

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s healthcare company, Fidson Healthcare Plc on Monday declared a dividend of 15 kobo per share to investors of the company in its 2014 audited year end compared to 10 kobo paid a year ago. The corporate action released by the healthcare firm, shows that […]