By InvestAdvocate Lagos (INVESTADVOCATE)-Bears sustained its hold on Nigerian equities as all-share index (ASI) on Thursday declined 0.24 percent to close at 29,687.93points while market capitalisation reduced by N23.69 billion to close at N 9.89 trillion. With this loss, current market Year-to-Date (YTD) at the Nigerian Stock Exchange (NSE) declined […]

By InvestAdvocate Lagos (INVESTADVOCATE)-The naira on Thursday rebounded following the Central Bank of Nigeria’s (CBNs) latest intervention of stopping dollar sales to Bureaux De Changes  (BDCs) and increasing the net foreign exchange trading position  limits up from 0.1 percent to 0.5 percent. According to a Reuters report, the unit rose […]

Jan 22, 2015/Bloomberg Financiers have gone from masters of the universe to pariahs to punching bags at the World Economic Forum over the past decade. This year they’re a sideshow as policy makers dominate the debate. While the global banking industry is still grappling with the consequences of the financial […]