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Nigerian Equities Extends Rally, Month-to-Date Gain up 4.84%

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Thursday extended its rally, with the all-share index (ASI) gaining 0.57 percent to close at 26,599.01 points. “Today’s positive performance increased the Month-to-Date gain to 4.84 percent and decreased the Year-to-Date loss to 7.51 percent,” according to Cordros daily market update. The […]

Equities Extend Gains Fifth Consecutive Session

December 14, 2016/Cordros Research The Nigerian equities market extended gains for the fifth consecutive session. Surpassing yesterday’s gain, the ASI advanced by 1.29% to close at 26,407.64 points. Extended gains in oil and gas names filtered into today’s session and contributed significantly to the positive performance. Today’s bullish performance increased […]

NSE Admits By Introduction N6.3billion Fixed Rate Bond of WEMA Funding SPV PLC

December 14, 2016/NSE The Nigerian Stock Exchange ( “NSE” or “Exchange”) is pleased to announce the Listing by Introduction of N6,295,000,000 Series 1:7-Year 18.50% Fixed Rate Bond Due (2023) under the N50,000,000,000 Wema Funding SPV Plc Debt Issuance Programme. Commenting on the listing, Oscar N. Onyema, OON, Chief Executive Officer, […]