Investors Bite

NSE Opens Week Bearish, Extends Losses to Fifth Straight-Day, ASI Dips 0.14%

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday opened the week on bearish note as the all-share index (ASI) dipped 0.14 percent to close at 28,813.51 points, while market capitalisation declined by N14.24 billion to N9.90 trillion. “Today’s negative performance extended the Month-to-Date loss to 2.65 percent and […]

Oando Names Two New Non-Executive Directors

By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing firm, Oando Plc on Monday said it has appointed Ikeme Osakwe and Ademola Akinrele as non-executive directors of the company. Oando said pursuant to article 88 of the company’s articles of association the board of directors appointed Osakwe and Akinrele as non-EDs of the company […]

Skye Bank: Investors Dump Shares as New Board Say will Address Corporate Governance Issues

By InvestAdvocate Lagos (INVESTADVOCATE)-Investors in the Nigerian Capital Market (NCM) are selling off their Skye Bank Plc shares following the decision of the Central Bank of Nigeria (CBN) to dissolve the board and management of the Bank. MK Ahmad, chairman of Skye Bank on Friday told stakeholders at the Nigerian […]