By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian naira on Monday commenced the week with a gain of 0.18 percent and traded 226 to a dollar on the parallel (black) market, according to Proshare daily exchange rate monitor. The report says the very weak demand for pounds sterling and euro […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Monday commenced the week on a bearish note amid sustained profit-taking as all share index (ASI) declined 2.57 percent to close at 29,929.56 basis points. Similarly, market capitalisation dropped by N263.6 billion to settle at N9.99 trillion; resulting to current Year-to-Date (Y-t-D) […]

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) said on Monday it has placed primary mortgage institution, Union Homes Savings & Loans Plc (UHSL) on full suspension till March 23, 2015. “The market is hereby notified that further to a 10 March 2015 directive of the Securities and Exchange Commission, the […]