By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Year-to-Date (YTD) loss at the Nigerian Stock Exchange (NSE) on Friday sunk 19.61 percent at the close of the week as All-Share Index (ASI) hit 33,225.75 points, bringing benchmark index to its lowest since April 29, 2013. At the end of the week’s transaction, the […]
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 […]
