Capital Market

Equities Start Week Negative on Loss of Blue chips

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Equities on the Nigerian Stock Exchange (NSE) Monday commenced the week on a negative note as blue chip stocks such as Guaranty Trust Bank Plc, Zenith Bank Plc and brewer, Nigerian Breweries Plc recorded losses. At the close of business, all share index (ASI) dipped […]

Leaky tax codes to cost West Africa $56 billion by 2018: group

Sat Jun 6, 2015/Reuters Leaky tax administration could result in the loss of an estimated $56 billion dollars for West African governments over six years, potentially costing them as much as they receive in foreign aid, according to a study released on Friday. A report from Open Society Institute West […]

Rights Issue: Oando List 48.7 Billion Naira Worth of Shares

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketer, Oando Plc has listed 48.7 billion naira worth of shares on the Daily Official List (DOL) of the Nigerian Stock Exchange (NSE). “A total of 2,949,933,156 ordinary shares of 50 kobo each at N16.50 per share belonging to OANDO PLC were admitted to […]