By Peter OBIORA InvestAdvocateLagos (INVESTADVOCATE)-The Nigerian equities market on Friday closed negative as all-share index (ASI) went down 0.46 percent for the week ended July 11, 2014. Weekly market report from the NSE affirmed that all-share index and market capitalisation both depreciated by 0.46% to close lower at 42,832.82 basis […]

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday announced it would unveil a new website July 14, 2014. The NSE said it will be ”A Truly User-Friendly Experience” new and improved website (www.nse.com.ng). According to the NSE, it will feature intuitive navigation, enhanced view of listed securities, detailed […]

By Peter OBIORA InvestAdvocateLagos (INVESTADVOCATE)-Oil marketing firm, Oando Plc on Thursday said it has increased its stake by 1.6 percent to 93.7 percent in its Toronto-listed unit Oando Energy Resources (OER). Oando said to increase its stake in OER, it converted a $218.9 million loan to the subsidiary into equity. […]