Capital Market

Total Unclaimed Dividends for CIS Hits N168.3 Million-SEC

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – Total unclaimed dividends for collective investment schemes (CIS) in Nigeria as at December 2013 is N168.3 million. Louise Eni-Umukoro, director, collective investment schemes at the Nigeria’s Securities and Exchange Commission (SEC) disclosed this to InvestAdvocate in an e-mail she sent following enquires on the […]

Gold ETF inflows return Shift might confirm trend change

By Adam Hamilton March 9, 2014 Stock-market capital finally started flowing back into the flagship GLD gold ETF for the first time in 14 months in February. Though this buying was small, this is truly a momentous event. Extreme gold-ETF outflows were the dominant culprit behind last year’s epic gold […]

Bear Run Persist at NSE, All-Share Index Dip by 1.53% to End Week

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Bear run has persist for the third consecutive week at the Nigerian bourse as all-share index (ASI) dipped by 1.53 percent for the week ended March 07, 2014. The Nigerian stock exchange (NSE) weekly stock market report shows that ASI for the week depreciated by […]