March 2, 2017/ARM Securities Click here to download full report 2016: The Year That Was For investors in the Nigerian financial market, the year 2016 was a year to forget – an ‘annus horribilis’ to be more exact. Everything that could go wrong did. Stocks closed the year marginally red, […]
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FGN introduces Savings Bond for Retail Investors
March 2, 2017/ARM Securities The FGNSB is targeted at retail investors and lower income earners to encourage savings and earn more income compared to their traditional savings accounts. The Debt Management Office (DMO), on behalf of Federal Government of Nigeria (FGN), has concluded plans to issue a new type of […]
Stocks Extend Losses, ASI Down 0.58%
By Yakubu LAAH InvestAdvocate Click here to view Cordros Daily Market update for March 1, 2017 Lagos (INVESTADVOCATE)-Nigerian equities extended losses, as the all-share index (ASI) on Wednesday fell by 0.58 percent to close at 25,183.10 points. “Today’s bearish proceedings increased the Year-to-Date loss to 6.29 percent”, according to Cordros […]
