By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday sustained its bullish trading at the end of the session as all-share index (ASI) gained 1.34 percent to close at 33,670.75 points, while market capitalisation climbed up N144.56 million to close at N11.15 trillion. With this development, current […]
Capital Market
Alibaba Singles’ Day sales hit new record; surge past $6 billion
Tue Nov 11, 2014/Reuters Alibaba Group Holding Ltd (BABA.N) said more than $6 billion of goods have been sold so far during its annual Singles’ Day online shopping frenzy, as customers jumped on heavily discounted goods to send sales surging past 2013’s record high. More than 39 billion yuan ($6.4 […]
Saudi Arabia to introduce credit rating agency rules in Sept 2015
Nov 11, 2014/Reuters Middle East Saudi Arabia’s capital market regulator will introduce rules for credit rating agencies next September, part of reforms aimed at modernising the financial sector of the world’s top oil exporter. The rules, which outline the conduct, activities and supervision of credit rating agencies, will help to […]
