Capital Market

Nigeria stocks, bonds fall on naira, oil price worries

Tue Sep 23, 2014/Reuters * Stocks down almost 1 pct so far this year * Investors jittery over falling oil prices (Adds bond yields, quote, naira value) Nigerian stocks fell to a four-month closing low of 40,537 points on Tuesday, as a weaker naira hurt by falling global oil prices […]

Nigerian Bourse: Bears Strengthen Hold as Benchmark Index Decline 1.09%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Bearish trading strengthened on Tuesday at the Nigerian bourse as the market closed on a negative note with benchmark index declining 1.09 percent to close at 40,537.20 basis points compared to 0.16 percent recorded on Monday. Cordros Capital in its daily market report attributed the […]

Access Bank to Open Rights Issue at N8.90 Kobo per share, hold EGM Oct’13

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Access Bank Plc on Tuesday said it will open its proposed Rights Issue at N8.90 kobo per share and will issue 7.640 million ordinary shares of 50 kobo each. The lender said in an issuer’s announcement to the Nigerian Stock Exchange (NSE). Access Bank affirmed […]