WEDNESDAY, 02 FEBRUARY 2011 BY HELEN ORJ TRANSACTIONS on the floor of the Nigerian Stock Exchange (NSE), yesterday, sustained downward trend, as more highly capitalised companies continued to suffer price depreciation, resulting to a further slide in market capitalisation by N30 billion. A review of trading yesterday showed that 16 companies […]

By Peter OBIORA investadvocate Feb 01 2011 17.30 GMT Lagos INVESTADVOCATE)-There are indications that the retirement of Nigeria’s Accounting Doyen Akintola Williams is the reason a handful of Companies quoted on the Nigerian Stock Exchange (NSE) are replacing the firm as their Auditors.   A Source (name withheld) at Olarinre Lawal […]

February 01, 2011 “We project a base case return of 18% for NSE ASI, which would largely be driven by banking (top picks: Zenith Bank, Access Bank and First Bank), Oil and Gas (top pick: Oando), and Food/Beverage stocks (top picks:Dangote Flour and Flour Mills) with expected returns of 30%, 18% and 21% respectively.” – Vetiva Research   […]