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 […]

SEC Pays out N29.2 Billion Unclaimed Dividend to Investors, Achieves 97% Dematerialisation

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities & Exchange Commission (SEC) on Friday said it has paid out a total of N29.2 billion unclaimed dividends to investors who before this time did not claim their dividends. Mounir Gwarzo, director general (DG) of the Commission made this disclosure at the end […]