The gains recorded in the stock market last week is likely to result in profit-taking activities this week, capital market analysts have said. Following a week in which the Nigerian Stock Exchange All-Share Index fell by eight per cent, stocks rallied last week to recover six per cent of the […]
Capital Market
Nigerian Bourse Ends Week Bullish, Access, GTBank, UBA Boost Market Breadth
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian bourse on Friday ended the week on a bullish note as all-share index and market capitalisation climbed up by 6.52 percent to close on Friday at 29,383.93 and N 9.804 trillion. Market Breadth boosted by the performance of lenders, Access Bank Plc, Guaranty […]
SEC Unveils Exposure Draft Rules on Demutualization of Exchanges in Nigeria
By InvestAdvocate Lagos (INVESTADVOCATE)-The Securities and Exchange Commission (SEC) on Friday unveiled exposure draft rules on demutualization of Exchanges in Nigeria. SEC on its website said it’s in pursuant to section 313 of the Investments and Securities Act, 2007, the following proposed new regulations are made by the Commission. Below […]
