Capital Market

Nigerian Stocks Gain 0.11% to End Week on Volatile Session Ahead of May 29 Handover

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks gained 0.11 percent to end the week on volatile trading session ahead of May 29 handover date. At the close of the week’s trading on the Nigerian Stock Exchange (NSE) all share index (ASI) closed at 34,310.37 points and market capitalisation grew 0.12 […]

Wall Street falls amid worries about China and Greece

Thu May 28, 2015/Reuters U.S. stocks dipped in early afternoon trading, a day after the Nasdaq closed at a record high and amid concerns about a Greek default, a tumble in Chinese shares and an unexpected rise in weekly U.S. jobless claims. Global stocks fell on conflicting statements on Greece’s […]

Skye Bank to raise N30bn Tier 1 capital

Skye Bank Plc says it plans to raise additional tier one capital of N30bn in the third quarter of 2015 to bolster its capacity to explore business and maintain an efficient capital adequacy ratio. The Group Managing Director and Chief Executive Officer, Skye Bank, Mr. Timothy Oguntayo, said this on […]