Capital Market

Bearish Run Extends Fourth Day on Sell-Offs in Oil/Gas, Banking Stocks

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Bearish run on Tuesday extended on the Nigerian Stock Exchange (NSE) as sell-offs in the Oil/Gas and Banking sectors led the  all- share index (ASI) to decline 0.55 percent and closing at 34,129.88 points, while market capitalisation dipped by N11.58 billion to close at […]

Africa’s Richest Man Courts Blackstone to Boost Nigerian Gas

April 28, 2015/Bloomberg Aliko Dangote, Africa’s richest man, plans to quadruple the supply of gas to Nigeria by building pipelines that may be backed by Carlyle Group LP and Blackstone Group LP, the world’s two biggest private-equity firms. Dangote, who has a net worth of $15 billion according to the […]

Proshare wins 2015 IFM Award as the “Most Innovative Capital Market Service Team, Nigeria”

Monday, April 27, 2015 7.30 AM / Proshare Corporate Release The International Finance Magazine (IFM) has named Proshare Nigeria Limited the “Most Innovative Capital Market Service Team, Nigeria 2015”. The Award was confirmed on April 16, 2015 following the short listing of Proshare Nigeria Limited amongst other websites. It has […]