By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Thursday closed on a bearish note as the all-share index (ASI) declined by 0.62 percent to close at 27,854.78 points. “Today’s performance increased the Month-to-Date and Year-to-Date losses to 1.70 percent and 2.75 percent respectively,” according to Cordros daily […]
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NSE Halts 2-Day Consecutive Gain on Consumer, Industrial Goods Counters
October 12, 2016/InvestmentOne Research Following two consecutive sessions of gains, the equities market declined today, falling -0.03% to 28,027.23pts. The negative close was largely driven by the declines in NESTLE (-45pts), WAPCO (-19pts) and DANGSUGAR (-7pts). These performances offset the gains in GUINNESS (+17pts) and Banking names; UBA (+14pts) and […]
Access Bank Plans to Sell 19% Stake in Ghana Unit in IPO
Culled—Proshare October 12, 2016/Editor at Capital Markets in Africa/ Bloomberg Access Bank Plc, a Nigerian lender, plans to sell a stake of about 19 percent in its Ghana unit in an initial public offering that will begin before the end of the year. The lender is seeking to raise at […]
