Capital Market

NSE Halts Four-Day Bearish Streak, Index Rebounds 1.20%

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-A four-day bearish trading on Monday was halted on the Nigerian Stock Exchange (NSE) as all-share index (ASI) rebounded 1.20 percent to close at 33,249.19 points, while market capitalisation grew by N135.08 billion to close at N11.35 trillion. This is coming on the heels of […]

Lagarde Says IMF Disappointed with Greek Government on $1.7 Billion Repayment

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF) said on Sunday she is disappointed with Greece authorities on the $1.7 billion due June 30. “I have briefed the IMF Executive Board on the inconclusive outcome of recent discussions on Greece in Brussels. […]

MCNICHOLS List 16.114 Million Ordinary Shares on NSE Daily Official List

By InvestAdvocate Lagos (INVESTADVOCATE)- Granulated  packaged Sugar (white & brown) company McNichols Consolidated Plc said on Monday it has listed 16,114,665 ordinary shares of  50 kobo each per share last Thursday on the Daily Official List (DOL) of the Nigerian Stock Exchange (NSE). “This is subsequent to the conversion of […]