Capital Market

Tough times for banks, others seeking additional capital

The economic challenges facing the country have left companies in urgent need of more funds at a crossroads, SIMON EJEMBI writes The ripple effect of the sudden slump in crude oil prices in the second half of last year continues to be felt, no thanks to Nigeria’s dependence on revenue […]

Nigerian Equities Market Ends Week Bullish, Index Gain 1.43%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Friday ended the week on a bullish note as all-share index (ASI) gained 1.43 percent to close at 29,985.08 points, while market capitalisation also appreciated 1.61 percent to close at N10.005 trillion. With this gain, Year-to-Date (YtD) returns at the […]

Chams Names Olufemi Williams New CEO, Overhauls Management

By InvestAdvocate Lagos (INVESTADVOCATE) – Smart card solutions providers, Chams Plc said on Friday it has appointed Olufemi Williams as new managing director (MD) of the company following the retirement of demola Aladekomo, its founding CEO, the company said in an issuer’s announcement with the Nigerian Stock Exchange. According to […]