By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday said it has deferred the effective date of a portion of the amendment to its listings rules. “Notice is hereby given that, the effective date of Article 23 of the ‘Amendments to the Listings Rules of the Exchange’, […]
Capital Market
Loan Default: Bank of Industry to Blacklist 24 Companies Crusoe Osagie
The Bank of Industry (BOI) has stated that it would blacklist 24 companies for diverting loans obtained from the bank for acquisition of plant and? machinery to other ventures outside the agreement they signed with the bank. Managing Director, Bank of Industry (BOI), Mr. Rasheed Olaoluwa disclosed this during the […]
Nigerian Stocks Advance, Ends 10-Day Losing Streak, as Benchmark Index Gain 1.22%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Monday ended a 10 day-decline as all-share index (ASI) gained 1.22 percent to close at 38,662.65basis points, compared with 0.76% depreciation recorded previously. While the market capitaliSation also increased by N153.52 billion to close at N12.77 trillion. This is the biggest […]
