By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) market capitalisation on Friday shed N283.56 billion to close the week at N10.24 trillion, while the all-share index (ASI) closed 29,878.33 basis points; both dipping 2.69 percent. Although investors’ reaction to shares of lender, Guaranty Trust Bank Plc’s performance was somewhat muted, […]
Capital Market
FG converts 11 states’ bank debts to bonds
The National Economic Council chaired by Vice- President Yemi Osinbajo was on Thursday told that Federal Government bonds had been issued to 14 banks on behalf of 11 state governments as part of the plan to restructure states’ loans in commercial banks. As part of the plan, the Federal Government […]
Nigerian Stocks dip 0.98% on DANGCEM Profit-Taking, Sell-Offs in Oil/Gas
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Thursday dipped 0.98 percent on profit-taking in the shares of Dangote Cement Plc (DANGCEM) and prevalent sell-offs in the Oil/Gas sector. At the close of trading in the review period, all-share index (ASI) on the Nigerian Stock Exchange (NSE) closed at 29,747.57 […]
