By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Bourse at the close business Friday saw its All-Share Index (ASI) firm up by +1.1 percent (1.1%) or 275.48 basis points to close at 24,838.70 basis points, up from 24,563.22 points recorded on Thursday. Market Capitalisation gained N65.12 billion to close at N7.81 […]
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Nigeria naira firms as foreigners eye bonds
The Nigerian naira firmed against the U.S. dollar on the interbank market on Wednesday, supported by foreign exchange inflows from offshore investors ahead of a bond auction. The naira closed at 158.20 to the dollar, higher than the 158.55 naira it closed on Tuesday. The central bank sold $200 million […]
S&P 500 climbs to highest level since May 2008
Stocks extended gains on Thursday, with the S&P 500 hitting its highest level since May 2008 on positive economic data and the European Central Bank’s agreement to launch a new and potentially unlimited bond-buying program. The Dow Jones industrial average .DJI gained 217.45 points, or 1.67 percent, to 13,264.93. The […]
