Capital Market

NSE Bearish Run Persist 7th Consecutive Day, Index Dip 0.66%

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Bearish run on Tuesday persisted on the Nigerian Stock Exchange (NSE) for the seventh consecutive day as all-share index (ASI) dipped 0.66 percent to close at 34,115.49 points. Today’s loss is reported to be the biggest since the bearish streak started; leading market capitalisation to […]

SEC Directs All Capital Market Operators to Update Registration Information

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigeria’s apex capital market regulator, the Securities and Exchange Commission (SEC) on Tuesday directed all registered capital market operators (CMOs) in Nigeria to update their registration information, the Commission said in a notice on its official website. “All registered Capital Market Operators (CMOs) are […]

BoI disburses N127bn loans to MSMEs

The Bank of Industry says it has disbursed a total loan of N127bn to Medium, Small and Medium Enterprises in the country within the 2014 financial year. Through the disbursement of the loans to the enterprises, the bank said it had been able to create over 500,000 jobs within the […]