By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Thursday gained 1.01 percent after a two day price correction to off-set Wednesday’s decline of 219 basis points (bps), At the close of business on the Nigerian bourse, all-share index (ASI) closed at 34,520.14 points, while market capitalisation increased by N155.31billion to […]
Capital Market
CBN Frowns on use of Foreign Currency as Medium of Exchange
April 7, 2015/CBN The attention of the Bank has been drawn to the increasing use of foreign currencies in the domestic economy as a medium of payment for goods and services by individuals and corporates. It has also been observed that some institutions price their goods and services in foreign […]
AFRIPUD Shareholders Endorse N700 Million Dividend in 2014
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Shareholders of first listed registrar on the Nigerian Stock Exchange (NSE), Africa Prudential Registrars Plc, (APR) (former UBA Registrars) on Wednesday endorsed a N700 million dividend for the 2014 financial year end. This is coming on the heels of the second annual general meeting […]
