Capital Market

Nigerian Bourse: Total Foreign Outflow Increased 65.7% in 2014

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Total foreign outflow recorded at the Nigerian Stock Exchange (NSE) in 2014 increased 65.7 percent to N846.53 billion from N510.78 billion recorded in 2013, according to data available on the website of the NSE. The NSE polls trading figures from major custodians and market operators […]

Nigerian Equities Succumb to Bears, Index Dips 0.84% to End Week

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Friday succumbed to bears as the NSE all-share index and market capitalisation dipped by 0.84 percent to close at 29,562.07 and N9.847 trillion respectively. In the same vein, all indices finished lower during the week with exception of the NSE […]

Seplat Gets another Extension until Feb’13 to Firm Afren Offer

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- First listed Nigerian oil and gas upstream firm, Seplat Petroleum Development Company Plc has until February 13, deadline to make a firm offer on its merger with Afren Plc, a U.K. oil and gas explorer. Afren said in a statement on Friday that the […]