By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The bears on Tuesday returned to the Nigerian equities market as all-share index (ASI) declined 1.65% to close at 34,896.50 points, while market capitalisation lost N191.53 billion to close at N11.56 trillion. With this development, current Year-to-Date (YTD) returns stands at a negative 15.55 percent. […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday signed a pact with the London Stock Exchange Group (LSEG) to support African companies seeking dual listings in London and Lagos. A statement from the NSE said the objective of the agreement is to strengthen cooperation and promote […]

Nov 17, 2014/Reuters Nigeria’s foreign exchange reserves fell 3 percent in two weeks to $37.59 billion by Nov. 13, as the central bank stepped up support for the ailing naira currency. Data published by the central bank on Monday showed the reserves were at $38.76 billion on October 29. The […]