Capital Market

NSE Index Hits below 30,000 Points as Bearish Trading Gains Momentum on Sell-Offs Across Sectors

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday commenced the week on a negative note as all-share index (ASI) hit below 30,000 basis points dipping 2.59 percent on sell-offs across sectors to close at 29,909.44 points, its lowest value since 25 March, while market capitalisation declined […]

DEAP Capital Restructures debts, Appoints New Directors & Gets Mandate to Raise Capital

August 17, 2015/ Proshare/Jacob Esan DEAP Capital Management & Trust Plc,  is  an investment banking firm listed on the Nigerian Stock Exchange(NSE) since 2007 is repositioning its business following a significant dip in the fortunes of the company over the years since the financial crisis of 2009/10. The company has […]

Fidelity Bank list N30 Billion Bonds on NSE

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s lender, Fidelity Bank Plc last week listed a total of N30 billion 7 years fixed rate 16.48 percent subordinated unsecured bonds due 2022 issued by the bank. Shares of Fidelity Bank at the close of trading on the Nigerian bourse last Friday declined 4.96 percent to […]