Equity trading activities on the Nigerian Stock Exchange opened the week on a negative note, with major indicators losing marginally. The market capitalisation of the listed shares fell by 0.2 per cent or N12bn from N6.830tn last Friday, to close at N6.817tn on Monday. Similarly, the NSE’s All-Share Index, dropped […]
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Naira: Oil firms’ dollar sales boost liquidity
The naira traded flat against the United States dollar at the inter-bank market on Monday as oil firms’ greenback sales boosted liquidity in the market. The naira recovered to N162.87 against the dollar on Monday, after it touched N163.20 in early trade. The naira had closed at N162.82 to the […]
High level Fraud: Investors sue Starcomms, Chapel Hill, Stanbic IBTC
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Investors in the Starcomms Plc year 2008 Private Placement (PP) considered as one of the highest fraud ever committed in the Nigerian Capital Market (NCM) has sued Starcomms Plc, Issuers to the Offer before a Lagos High Court www.investadvocateng.com can authoritatively Report. Others sued over […]
