Capital Market

Nigerian Equities: Benchmark Index Down 1.49% to End week

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Benchmark index at the Nigerian equities market went down 1.49 percent to end the week at 30,306.51 basis points; as the declines seen earlier in the week were too huge to trounce. The Cordros weekly market update reported that Week-on-Week (w/w), the Banking index saw […]

Assets custodians target more foreign investments

The Association of Assets Custodians of Nigeria has pledged that it will continue to work with other stakeholders to ensure that foreign investors have a better understanding of the Nigerian capital market. According to the association, by providing the investors with information about positive developments in the market, they will […]

Bargain Hunting for Blue Chips Drives NSE ASI up 1.21 Percent

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Bargain hunting for blue chips in the Consumer Goods and Industrial sectors drove the Nigerian Stock Exchange’s (NSE’s) all- share index (ASI) up by 1.21 percent to close at 29,311.25 points, while market capitalisation appreciated by N115.41 billion to close at N9.68 trillion. With this […]