Capital Market

Bears Persist on Nigerian Bourse as Profit-Taking Drag down Index 0.17%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Bears on Thursday sustained its hold on the Nigerian bourse as all share index (ASI) declined 0.17 percent to close at 29,403.12 basis points, while market capitalisation dropped by N17.53 billion to N10.11 trillion. Cordros daily market update says today’s loss came as a result […]

New Minimum Capital Requirement: CMC Inaugurates Committee

Sept 9, 2015/SEC To facilitate the smooth implementation of the new minimum capital requirements for Capital Market Operators (CMOs), the Capital Market Committee (CMC) set up a market-wide “Implementation Committee on New Minimum Capital Requirement for CMOs” comprising the Securities and Exchange Commission (SEC), the Nigerian Stock Exchange (NSE), the […]

NSE Rally Halts on Profit-Taking, Index down by 2.98%

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange rally halted on Wednesday on profit-taking activities as all-share index (ASI) dipped 2.98 percent to close at 29,454.09 basis points, while market capitalisation dropped by N311.14 billion to N10.13 trillion. The decline at the local bourse came largely on losses recorded […]