Capital Market

Nigerian banks lose 24.5% of market value

These are not the best of times for banks in the country as some developments in the economy have negatively affected their performance on the Nigerian Stock Exchange, SIMON EJEMBI writes Tougher regulation and policies by the Central Bank of Nigeria, the devaluation of the naira and other economic headwinds […]

Stanbic, CSL, Rencap Accounts for 42% of Total Market Value in February

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Stanbic IBTC Stockbrokers Ltd, CSL Stockbrokers Ltd and Rencap Securities Nigeria Ltd emerged the top three (3) stockbroking firms responsible for 41.84 percent out of 72.51 percent of the total value between February 02 and 27, 2015 by the top 10 Stockbrokers, the Nigerian Stock […]

Access Shares Soar High amidst Rights Issue

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The shares of Africa’s top tier lender Access Bank Plc has continued to soar high on the floor of the Nigerian Stock Exchange (NSE) amidst its ongoing rights issue, InvestAdvocate reports. The shares of the bank in the month of February performed creditably well as […]