Jan 20, 2015/Bloomberg Nigeria’s finance ministry said it isn’t reviewing its benchmark budgeted oil price after a Ministry of Power official said the nation plans to review it downwards. “The price of oil is still quite volatile and we do not know how it will bottom out,” Constance Ikokwu, […]
Capital Market
Unlisted securities: NASD records N2.3bn transactions
The trading of unlisted securities in the formal over-the-counter market is on the rise as more investors become aware of the benefits of the market, the NASD Plc, which operates the OTC market, has said. According to the NASD, the shares of the recently privatised power distribution companies and generation […]
Nigerian Equities Gain N15.32 Billion, Despite Price Decline in Blue Chips
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Tuesday gained N15.32 billion in market capitalisation to close at N9.93trillion; despite price declines in blue chip stocks such as cement manufacturer, Dangote Cement Plc, brewer, Nigerian Breweries Plc and beverage maker, Nestle Nigeria Plc. At the end of the […]

