Capital Market

IMF Say SDDS Now Online

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) said on Wednesday the Special Data Dissemination Standard (SDDS) Plus, the third and highest tier of the Fund’s Data Standards Initiatives is now online (at SDDS Plus country data) with data from an initial cluster of eight adherents including France, […]

40% of companies haven’t complied with IFRS – Gwarzo

The Acting Director-General, Securities and Exchange Commission, Mr. Mounir Gwarzo, has lamented the failure of some companies to fully migrate to the International Financial Reporting Standards. A statement from the SEC quoted Gwarzo as expressing the concern when members of the Association of Reporting Accountants visited him in Abuja on […]

Equities Market Extends Gains Third Day Running, index Up 2.55%

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Wednesday extended its gain as all-share index (ASI) climbed up 2.55 percent closed at 29,177.58 points, while market capitalisation increased by N241.90 billion to close at N9.74 trillion. With this trend, current market Year-to-Date (Y-t-D) returns at the Nigerian Stock […]