Oyetunji Abioye with agency report FBN Holdings Plc, the parent company of First Bank Nigeria Limited, is planning to cut about 1000 jobs and focus less on providing loans to the oil industry in a bid to reverse the 2015 financial year’s 82 per cent slump in profit. The lender […]
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Bulls Resurface on Nigerian Bourse amid Investment Increase, ASI up 0.63%
By InvestAdvocate Lagos (INVESTADVOCATE)-The bulls on Thursday returned to the Nigerian Stock Exchange (NSE) as all-share index (ASI) climbed up 0.63 percent to close at 24,964.63 points, while market capitalisation jumped by N53.44 billion to N8.56 trillion. “Today’s gain cut the Month-to-Date and Year-to-Date losses to 1.35 percent and 12.84 […]
NSE Sponsors 10 Journalists for Building African Financial Markets Seminar
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) is sponsoring 10 journalists for Building African Financial Markets Seminar with the theme”Addressing Liquidity Concerns in African Capital Markets”. A wide range of topics will be discussed at the seminar co-hosted by NSE and African Securities Exchange Association (ASEA). Noteable speakers include […]