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 […]
Capital Market
IBM ditches 2015 operating EPS target, shares slump
International Business Machines Corp (IBM.N) said it no longer expected to achieve its 2015 operating earnings target of at least $20 per share after weak client spending resulted in an unexpected fall in quarterly earnings and revenue. IBM’s shares fell more than 9 percent in premarket trading. The world’s largest […]
CIS to collaborate with NBA, ICAN for growth
The Chartered Institute of Stockbrokers has hinted that it is working on a Memorandum of Understanding with the Nigerian Bar Association and the Institute of Chartered Accountants of Nigeria to encourage professionalism in the capital market. A statement from the institute on Sunday said its leadership gave the hint in […]

