Capital Market

Sell-Off Persists at NSE as Naira Decline Weighs on Investors Risk-Appetite

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Sell-off persisted at the Nigerian Stock Exchange (NSE) on Thursday as decline in naira continues to weigh down on investors risk-appetite. At the end of business on the Nigerian bourse, all-share index (ASI) dipped 2.10 percent to close at 33,428.76 points, while market capitalisation declined […]

50 debtors owe 32% of bank loans – Emefiele

The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, on Wednesday disclosed that 50 biggest bank debtors accounted for 32.02 per cent of lenders’ total loans to the private sector as of May 2014. The governor, who made this known at the second National Credit Bureaux conference in Lagos, however, […]

SEC Nigeria Begins 2014 Journalists Academy Thursday

By InvestAdvocate Abuja (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) will on Thursday commence a two-day workshop for journalists tagged SEC’s Journalists Academy 2014. SEC says the theme of this year’s workshop is ‘’Personal Finance’’. ‘’The workshop is part of the Commission’s capital market development strategies aimed at sharpening newsmen understanding […]