By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Market value at the Nigerian Stock Exchange (NSE) on Friday gained N163 billion to close the week at N11.404 trillion from N11.241 trillion recorded previously amidst declining oil prices and naira devaluation. According to Cordros weekly market update, the bulls resurfaced in the Nigerian equities […]
Capital Market
AXA Acquires 77% Stake in Mansard Insurance worth 198 Million Euros
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-French insurer AXA said on Friday it will acquire 77 percent stake worth 198 million euros ($246 million) in cash of Mansard Insurance Plc in a transaction that is expected to close before the end of 2014 according to a statement from the company. AXA […]
Bullish Streak Continues at NSE, Benchmark Index Rise 0.35%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The bullish streak continued on Thursday at the Nigerian Stock Exchange (NSE) as benchmark index rose 0.35 percent to close higher at 34,705.48 points, while market capitalisation added N40.34 billion to close at N11.46 trillion. Cordros reported that the trend is as a result of […]
