Capital Market

Naira now 221 as CBN sells dollars

The naira on Wednesday appreciated to 221 from 224 against the dollar at the parallel market after the Central Bank of Nigeria sold about $80m to Bureaux de Change operators. The United States currency was sold to the BDCs at N197, helping the naira to strengthen at the black market. […]

NSE Warns on Non-Filing of Audited Financial Statements

August 12, 2015/NSE The Nigerian Stock Exchange (“The Exchange”) today confirmed that as at August 3, 2015, 89% of the active listed companies have filed their audited accounts for the year ended 31 December 2014. The Exchange therefore wishes to again remind the affected companies of their obligations under the […]

NSE Index Succumbs 0.52% on Rife Sell-offs

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) all-share index (ASI) on Wednesday succumbed 0.52 percent on rife sell-offs to close at 31,107.11 basis points, while market capitalisation dipped by N55.73 billion to N10.66 trillion. Cordros daily market update says the bears increased the Year-to-Date (Y-t-D) returns to […]