By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Presco Plc on Tuesday said it’s seeking to raise up to 3 billion naira by way of rights issue to be used for debt reduction and foreign exchange exposure, the company said in a notice to the Nigerian Stock Exchange (NSE). This is coming on […]
Capital Market
Nigeria’s Equities Market Extends Bullish Profile, All-Share Index Gain 0.29%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigeria’ equities market on Tuesday extended its bullish profile as all- share index (ASI) gained 0.29 percent to close at 38,776.67 basis points, compared with the 1.22 appreciation recorded in yesterday’s session, while market capitalisation increased by N37.65 billion to close at N12.80 trillion. Current […]
Naira firms against dollar as investors eye Nigeria assets
Nigeria’s naira firmed against the U.S. dollar on Monday as financial markets got a breather following weeks of sell-offs and two oil companies sold the greenback to some lenders, dealers said. The unit closed at 165.28 naira to the dollar, firmer than Friday’s close of 165.35 naira, its lowest level […]
