24/1/2017/Cordros Research The Nigerian equities market reversed yesterday’s gain, with the All Share Index declining by 0.05% to close at 26,217.54 points. Today’s negative performance increased the Year-to-Date loss to 2.44%. The Banking (-1.13%) and Insurance (-0.30%) indices closed lower, as ZENITHBANK (-3.5%), ACCESS (-0.71%), AIICO (-3.33%) and WAPIC (-1.92%) […]

January 23, 2017/Reuters By Chijioke Ohuocha Jan 23 Guinness Nigeria said on Monday it was seeking shareholder approval for a share issue to raise 40 billion naira ($127 million) which it needs to strengthen its balance sheet following recent losses. The company, which is 54 percent owned by Diageo, reported […]

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market commenced the week on a bullish note, with the all-share index (ASI) advancing by 0.03 percent to close at 26,231.37 points. “Today’s positive performance trimmed the Year-to-Date loss to 2.39 percent,” Cordros daily market update affirmed. According to the report, at the close […]