Capital Market

NSE Bearish Spree on Sixth Consecutive Session, Benchmark Index Down 0.36%

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Bearish spree at the Nigerian equities market has entered its sixth consecutive session as benchmark index went down 0.36 percent to close at 37,979.99 points, while market capitalisation lost N45.83 billion to close at N12.56 trillion. Cordros daily market update said the decline sent the […]

Seven-Up Joins NSE’s List of High Priced Stocks

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Thursday announced that soft drink makers, Seven-Up Bottling Company Plc have joined the league of high priced stocks at the bourse. Abimbola Babalola, head of market surveillance at the Nigerian bourse said that the analysis of the trading activities […]

Lafarge Africa repays N11.9bn bond

Lafarge Africa Plc says it paid off an N11.9bn bond, which it raised in 2011 to refinance the Lakatabu 2.5 million ton capacity expansion, on October 10, 2014. The company has also released its result for the third quarter of 2014, announcing a 130 per cent growth in revenue. The […]