By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Wema Bank Plc Friday reported a loss of N5.040 billion for its audited report for the period ended December 31, 2012. From the result of the bank released to the Nigerian Stock Exchange (NSE), loss for the year from continuing operations increased from N4.228 billion […]
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Nigeria’s Exchange Turnover Increase by 10% to Close Week
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Friday recorded an increase turnover of 10 percent (10%) for the week ended July 26, 2013. To record the increase in turnover, 2.500 billion shares worth N17.035 in 28,638 deals were traded this week by investors compared to a total […]
SAC Reassures Clients as Steve Cohen Fights to Stay Open
Steven A. Cohen’s SAC Capital Advisors LP told clients, employees and counterparties that it will stay open for business as the U.S. accused the $14 billion hedge-fund firm of engaging in an unprecedented insider-trading scheme over more than a decade. The government has no plan to freeze fund assets, prevent […]
