By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Monday opened the week on a negative note, with the all-share index (ASI) falling by 0.06 percent to close at 25,318.41 points. “Today’s negative close increased the Month-to-Date (-6.99 percent) and Year-to-Date (-11.98 percent) losses,” according to Cordros daily market update. The […]
Updates
ETI Awaits Requisite Approval to Convert Preference to Ordinary Shares
November 28, 2016/NSE (ETI), parent company of the Ecobank Group, wishes to inform the three stock exchanges on which ETI is listed that holders of 819,424,548 preference shares have indicated their intention to convert their preference shares into ordinary shares. Once the requisite approvals are obtained, these preferences shares will […]
IMF set to Release Paper “Taking Stock of Monetary and Exchange Rate Regimes in Emerging Europe.”
By InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) said on Monday it is set to release a departmental paper entitled “Taking Stock of Monetary and Exchange Rate Regimes in Emerging Europe.” The Fund said paper prepared by the European Department will be released on Tiesday November 29, 2016. “In the […]
