By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Nigerian stocks on Thursday remained on the red as all share index (ASI) declined by 2.73 percent to hit 27,935.77 points , while market capitalisation also dropped by N262.09 billion to close at N9.32 trillion. With this loss, current Year-to-Date (YTD) returns at the […]
Capital Market
Nigerian Stocks Continues Southward trend, Index Now 28,000 Points
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian Stocks on Wednesday continued its southward movement as all-share index (ASI) declined 1.39 percent to close at 28,721.27 points, while market capitalisation declined by N134.94 billion to close at N9.58 trillion. With this loss, current market Year-to-Date (Y-t-D) at the Nigerian Stock Exchange (NSE) […]
CBN Says Interbank Rate Closed N202/$1
By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Wednesday announced the interbank market rate closed at N202/$1 at the end of the day’s transactions. An e-mail sent to InvestAdvocate by Uche Tobias Nnamdi, office of the special adviser to the governor on communications, governor’s department reads thus: “ […]