Capital Market

Nigerian Bourse All-Share Index Down 0.72% to Close Week after Workers’ Day Celebration

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian stock exchange all-share index (NSE ASI) on Friday went down 0.72 percent at 38,578.78 basis points (BPS) to close the week after workers day celebration on Thursday. Also, market capitalisation depreciated same margin to close at N12.700 trillion. According to the NSE’s […]

DLM ranked best investment bank

International Finance Magazine has ranked Dunn Loren Merrifield as the best investment bank in the country in its 2014 financial awards. A statement by the editorial board of the IFM said the Best Investment Bank in Nigeria category, which was won by DLM, was among the first batch of 14 […]

Sterling Bank to increase share capital by N4bn

Sterling Bank Plc on Wednesday got the approval of its shareholders to increase the bank’s share capital from N12bn to N16bn with the creation of additional eight billion ordinary shares of 50 kobo each. The shareholders also approved the payment of a dividend of 25 kobo for every share of […]