By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) – Overall equities market performance measures, the Nigerian Stock Exchange all-share index (NSE ASI) and market capitalisation, fell by 0.17 percent to 26,201.60 points on sustained bearish activity. “Today’s negative performance increased the Year-to-Date loss to 2.50 percent,” according to Cordros daily market update. […]
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Stocks Close Lower Second Consecutive Session, as Y-t-D Loss Increase 2.34%
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Wednesday closed lower for the second consecutive session, with the all-share index (ASI) declining by 0.12 percent to close at 26,247.02 points. “Today’s bearish performance increased the Year-to-Date loss to 2.34 percent,” according to Cordros daily market update. The report says the Banking, Consumer […]
Zimbabwe’s Econet to raise $130 million from rights issue
17/1/2017/Reuters Zimbabwe’s largest mobile telephony company Econet Wireless plans to raise $130 million from shareholders to pay foreign loans it is struggling to settle due to a severe dollar crunch, it said on Tuesday. Econet said in a statement that to avoid defaulting on external obligations, it had decided to […]
