By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) All-Share Index (ASI) dipped by 5.58 percent (5.58%) to close the week at 37,249.93. Weekly report from the NSE and made available to InvestAdvocate shows that all the NSE indices depreciated during the week: NSE Consumer Goods (7.05%), NSE Banking […]
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CSCS, UBA, 3 Other Banks Sign Pact on OTC Market
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Securities Clearing Systems Limited (CSCS), United Bank for Africa (UBA) Plc, Guaranty Trust Bank Plc (GTBank), Access Bank Plc and Sterling Bank Plc have signed a pact on over-the- counter market. The banks were appointed by the National Association of Securities Dealers (NASD) […]
SEC Exclude Bank Stocks as Collateral for Margin Activities
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) Thursday said it has excluded bank stocks from being used as collateral for margin trading transactions on the Nigerian Bourse. This is according to a News Release from the Commission signed by Yakubu Olaleye, Head, Media of the SEC […]
