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NSE Extends Losses on Selloffs across Oil & Gas Counters as CBN Retains Rate

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Tuesday extended losses to the eighth consecutive session primarily driven by heavy selloffs across the Oil & Gas names with the all -share index (ASI) falling by 0.15 percent to close at 25,461.34 points. This is coming on the heels […]

Local Equities Tumble to Open Week, Extends Losing Streak to Seventh Consecutive Session

By InvestAdvocate Lagos (INVESTADVOCATE)-Local equities on Monday tumbled to open the week extending its losing streak to the seventh consecutive session (the market has actually recorded only two sessions of positive return this month), according to Cordros daily market update. At the close of the session on the Nigerian Stock […]

Access Bank Commences Book Building for N100bn Commercial Paper

Culled—Proshare November 21, 2016/Arthur Steven Asset Mgt Access Bank Plc is in the process of launching a Commercial Paper (“CP”) Issuance of up to N100 Billion across three tenors – a  (i) a 90-day CP (“Series I”), (ii) a 180-day CP (“Series II”), and (iii) a 270-day CP (“Series III”) (collectively […]