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 […]
Capital Market
Bulls back to NSE, All-Share Index Gain 1.37%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The bulls resurfaced at the Nigerian Stock Exchange (NSE) on Wednesday as all-share index (ASI) gained 1.37 percent to close at 34,583.29 points, while market capitalisation added N154.33 billion to close at N11.42 trillion. Cordros report say the recent gains leave the Year-to-Date (YTD) and […]
Naira Devaluation, Falling Oil Prices May Affect Access Bank’s N68 Billion Rights Issue-CEO
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Herbert Wigwe, the chief executive officer (CEO) of Nigeria’s top tier lender, Access Bank Plc said on Wednesday the devaluation of Nigerian’s local currency, the naira and falling oil prices may likely affect the bank’s proposed N68 billion rights issue according to a Reuters report. […]
