Capital Market

Nigerian Equities Commences Week Bearish, Declines N10.95 Billion

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Monday started the week on a negative note as all-share index declined 0.11 percent to close at 29,779.17 points while market capitalisation dropped N10.95 billion to close at N9.92 trillion. With this downward trend, current market Year-to-Date (YTD) returns stands at a […]

SEC Completes Rules on Complaints Management-Gwarzo

-Harps on Investors Education By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Mournir Gwarzo, acting director general of the Securities and Exchange Commission (SEC) on Monday said the commission has completed the rules on complaints management framework. A statement from SEC said the Ag DG disclosed this in Abuja when he received […]

Access Bank Opens N52.6 Billion Rights Issue at N6.90 per Share

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier lender, Access Bank Plc on Monday opened its N52.6 billion ($275.10 million) rights issue at N6.90 per share and will sell 7.63 billion ordinary shares each at a ratio of one new share for every three held by existing shareholders, according to a source […]