By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Wednesday prolonged its losing streak to eight (8) consecutive sessions as benchmark index dipped 8.0 percent; following sustained sell-offs. Current Year-to-Date (YTD) returns at the Nigerian bourse stands at a negative 13 percent. All-share index (ASI) depreciated 2.14 percent to […]
Capital Market
London Stock Exchange to launch midday auction next year
Wed Nov 5, 2014/Reuters The London Stock Exchange (LSE.L) will launch a midday auction for the largest and most liquid stocks on its markets late next year, seeking to win back business by capitalising on new rules that clamp down on trading in rival venues called dark pools. During the […]
AMCON redeems N1.9tn bonds
The Asset Management Corporation of Nigeria says it has completed the scheduled repayment of N976bn worth of bonds, allaying fears that it will take a toll on the economy. The corporation said with the payment, it had successfully retired about N1.9tn worth of bonds issued three years ago, adding that […]
