Dematerialisations of share certificates in the nation’s capital market is still low, says Chef Executive Officer, NASD Plc, Mr. Bola Ajomale. Speaking to newsmen in Lagos, he said “ One of the challenges being faced in the capital market is that the level of dematerialisation of share certificates is still […]
Capital Market
Bears Sustain Hold on Nigerian Equities, Index Decline o.24%
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 […]
Naira Rebounds on CBNs Latest Intervention
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 […]

