Mon Mar 2, 2015/Reuters Asian stocks edged higher on Monday as China’s weekend interest rate cut partially offset soft U.S. data, while the dollar hit an 11-year high against a basket of currencies. China on Saturday stepped up its easing tempo and cut its lending and deposit rates as the […]
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 […]
