By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Benchmark all-share index (ASI) at the Nigerian bourse on Friday climbed up 1.20 percent for the week ended Friday May 16, 2014. The Nigeria’s exchange weekly stock market report for the period showed that both the ASI and market capitalisation appreciated 1.20 percent to close […]
Capital Market
CIBN, NSE collaborate on market development
The Chartered Institute of Bankers of Nigeria says it has partnered the Nigerian Stock Exchange with a view to fast-tracking the growth of the country’s capital market. According to the institute, the partnership will, in addition to encouraging market growth, see both institutions working to protect the capital market from […]
Nigeria’s Caverton eyes fresh capital after $197 mln stock listing – CEO
Nigerian oil services firm Caverton plans to start the process of raising fresh equity by the fourth quarter after its $197 million stock market listing next Tuesday, the company’s chief executive told Reuters on Thursday. Olabode Makanjuola said he wanted to diversify the capital structure from debt, which is currently […]
