Capital Market

NSE Closes Ahead of Easter Holidays, All-Share Index up Slightly 0.58%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) – The Nigerian stock exchange (NSE) Thursday closed ahead of Easter holidays as all-share index (ASI) went up slightly 0.58 percent (0.58%) to close week at 39,311.60, while market capitalisation increased 2.98% to close N12.928 trillion. Stock market report from the Nigerian bourse for […]

Goldman Sachs Group, Inc. (GS) Posts Q1 EPS of $4.02, Tops Expectations

Goldman Sachs Group, Inc. (NYSE: GS) reported Q1 EPS of $4.02, $0.53 better than the analyst estimate of $3.49. Revenue for the quarter came in at $9.33 billion versus the consensus estimate of $8.7 billion. Highlights Goldman Sachs continued its leadership in investment banking, ranking first in worldwide completed mergers […]

Transcorp to Raise $1 Billion to Build Nigerian Power Plants

Transnational Corp. of Nigeria Plc, which has interests in industries ranging from agriculture to oil, plans to raise as much as $1 billion to build power plants as it seeks to triple profit in 2014. “We think we can reach financial close by January 2015 and start construction” of a […]