By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market ended the week on another bearish note as all-share index (ASI) depreciated by -2.01 percent – (2.01%) as at March 14, 2104. Weekly stock market report from the Nigerian stock exchange (NSE) says that ASI closed at 38,171.32 basis points, while market […]
Capital Market
NSE demutualisation’ll be transparent – SEC
The Securities and Exchange Commission has said the demutualisation of the Nigerian Stock Exchange will be done in a transparent manner. Demutualisation is a process whereby stock exchanges transform into Public Limited Liability Company, and by implication a profit-making organisation listed on itself and any other Exchange around the world. […]
‘Candy Crush’ maker sees up to $7.6 billion IPO valuation
King Digital Entertainment Plc, maker of hit mobile phone game “Candy Crush Saga”, expects to be worth up to $7.6 billion when it goes public this month in the United States, amid concerns about its over reliance on the game. King will hope to benefit from its focus on the […]
