Updates

NSE Reports 1,900% ETF Growth, as Investors Appetite Wane towards Stocks

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday reported its Exchange Traded Funds (ETFs) introduced December 2011 has grown 1,900 percent with Assets Under Management (AUM) hitting N4.24 billion, this is on dampened investors’ appetite towards investment in stocks. Oscar Onyema, chief executive officer (CEO) of the NSE […]

Dollar strengthens as election seen swinging toward Clinton

November 7, 2016/Reuters By Dion Rabouin | NEW YORK The dollar rose on Monday after the FBI decided that U.S. Democratic presidential nominee Hillary Clinton will not face criminal charges, which was seen as a boost to her chances of winning Tuesday’s contest with Republican rival Donald Trump. The greenback […]

NSE Opens Week Bearish, Extends Losing Streak to Fourth Consecutive Session

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) commenced the week on bearish note extending the losing streak to a fourth successive session – with the all-share index (ASI) declining by 0.35 percent to close at 26,887.54 points. “Today’s negative performance increased the Month-to-Date and Year-to-Date losses to 1.22 percent […]