By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian stock exchange (NSE) all-share index (ASI) rose by 0.50 percent (0.50%) at 40,773.50 points for the week ended Friday February 07, 2014 according to the NSE’s weekly stock market report. Similarly, four (4) of the NSE sector indices appreciated during the week. […]
Capital Market
Capital Reduction: Cadbury Nigeria Board Insist Shares Remain on Full Suspension
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The board of directors of beverage makers, Cadbury Nigeria Plc Friday said it’s insisting that trading in shares of the company remain on full suspension at the Nigerian bourse until a certificate of decrease in share capital has been issued. The company in a notice […]
Nigeria c.bank tightens rules for currency dealers to support naira
* Central bank to require dealers to park naira at c.bank before currency auctions * Naira has fallen 2.9 percent so far this year * Dealers say latest move unlikely to halt slide in local currency * Central bank has been selling $800 mln weekly at forex auctions Nigeria’s central […]
