By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Tuesday gained 1.18 percent as benchmark index climbed above 30,145.60 points for the first time since February 05 2015. While market capitalisation increased by N117.60 billion to close at N10.06 trillion. With the bullish run, current Year-to-Date (Y-t-D) returns at the Nigerian […]
Capital Market
Correction: Fitch Affirms 10 Nigerian Banks on Peer Review; Stable Outlook
Feb 24, 2015/Fitch Ratings Fitch released the following statement today to correct the earlier announcement published on 23 February 2015. The rating action on the National Ratings of Stanbic IBTC Holdings Plc and the Recovery Rating on FBN Finance BV’s subordinated notes in the list below should read affirmation: Fitch […]
Nigerian Equities Open Week Bullish, Index Up 1.39%
By Yakubu LAAH InvestAdvocate Lagos INVESTADVOCATE)- The Nigerian equities market on Monday opened the week on a bullish note as all-share index (ASI) climbed up 1.39 percent to close at 29,793.13 points, while market capitalisation increased by 136.54 billion to close at N9.94 trillion. With this trend, current Year-to-Date (Y-t-D) […]