Capital Market

NDIC Boss Advise Board of Banks to Create Valuable Policies

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Umaru Ibrahim, managing director/chief executive officer (MD/CEO) of the Nigeria Deposit Insurance Corporation (NDIC) has advised the board of directors of banks to create valuable policies in order to always strike a balance between financial performance indices and non-finance value creating measurements in determining […]

NSE ASI Records Lowest Loss in 5 Years to 20%

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) all-share index (ASI) on Thursday recorded its lowest loss in five (5) years to 20 percent from its 2014 high, heading for a bear market. The NSE ASI declined 4.07 percent to close at 34,494.93 basis points, while market capitalisation […]

Cordros Capital Announce New Telephone Lines

By InvestAdvocate Lagos (INVESTADVOCATE)-Cordros Capital Ltd, member of the Nigerian Stock Exchange has announced new telephone lines following downtime with its telephone service providers, the company said in an e-mail made available to InvestAdvocate Part of the e-mail reads thus: ‘’Please be informed that we are currently experiencing a downtime […]