Updates

NASD USI Down by -1,25% WoW

Culled—Proshare January 6, 2017/NASD Plc Unlisted Securities Index As at Friday, 06 January 2017, the index closed at 618.55 points (down 1.25% on previous close of 626.39 points). PI Activity Market in Numbers (YTD – 6 January, 2017) Macro-Economic Indicators – 6 January, 2017 Closing Prices as at 6 January, 2017    

Diezani Alison-Madueke: forfeits $153.3 million

January 6, 2017/huhuonline.com Former Nigerian oil minister, Diezani Alison-Madueke temporarily forfeited  $153.3 million  to the Nigerian government today. This was sequel to an order by a Federal High Court  in Lagos. The seized money, according to the Economic and Financial Crimes Commission was stolen from the Nigerian National Petroleum Corporation […]

Stocks Record First Gain of the New Year, Post 2.32% Weekly Loss

January 6, 2017/InvestmentOne Research Though the ASI recorded a marginal gain of +0.15% to berth at 26,251.39pts at close of trades today, it declined by -2.32% w/w. Today’s positive close was largely due to buying interests in Banking names such as the likes of ZENITHBANK (+24.68pts), ACCESS (+11.79pts)and UBA (+7.39pts) […]