Culled–Proshare November 25, 2016/FBNQuest Research Nigeria was once poised as Africa’s largest economy – today it is not in the best form. The country is in a recession, largely due to the unpreparedness for the slide of the oil price, not creating a large enough buffer for recovery, and also […]
Updates
Equities Record 0.80% Weekly Loss, as Bearish Trend Persist
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday recorded a weekly loss as the all-share index (ASI) and market capitalisation depreciated by 0.80 percent to close at 25,333.39 and N8.721 trillion respectively. “Similarly, all other Indices finished lower during the week with the exception of […]
Naira sustains stable outlook against the dollar in both markets
Culled—Proshare November 25, 2016/TheAnalyst Today, Naira traded southwards at the interbank FX market against the dollar but closed flat at the parallel market. It depreciated by 0.08% to close at N305.25 but closed flat at N399.00 at Interbank FX Market and Parallel Market respectively. Analysis reveals that the Naira remained […]
