By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The bears has sustained its hold on the Nigerian equities market as Year-to-Date (YTD) returns now stands at a negative 22.08 percent. At the end of trading on the Nigerian Stock Exchange (NSE) on Wednesday all-share index (ASI) went down 2.21 percent to close at […]
Capital Market
LCCI condemns bill compelling private companies to list
The Lagos Chamber of Commerce and Industry has called for the withdrawal of the Private Companies Conversion and Listing Bill, which is before the House of Representatives, saying it will do the business climate in Nigeria no good. The bill seeks to compel private companies whose shareholders’ funds exceed N40bn […]
Nigerian Equities Fall Lowest Since 20 Months to 32,000 BPS as Sell-Offs Persists
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian Equities on Tuesday fell lowest since April 22, 2013 (20 months) as the Nigerian Stock Exchange (NSE) all-share index (ASI) declined 0.42 percent to 32,932.49 points, while market capitalisation lost N47.31 billion to close at N10.87 trillion. According to a Cordros market update, Tuesday’s […]
