Updates

Nigeria Continues to be an Attractive Market for Private Capital

— By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria has continued to be an attractive market to private capital and should partner with the private sector to ensure diversification and growth of its economy, Trade & Investment Minister, Okechukwu Enelamah said on Thursday. “Government seeks to partner with private capital to diversify […]

NSE Benchmark Index Advance as Buying Momentum Persist

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Buying momentum persisted Thursday on the Nigerian Stock Exchange (NSE) as the all-share index (ASI) advanced 0.43 percent to close at 27,236.78 points. “Today’s activities further decreased the Month-to-Date and Year-to-Date losses to 3.88 percent and 5.07 percent respectively,” according to Cordros daily market update. […]

Wall St. reverses course as discretionary, industrials weigh

October 27, 2016/Reuters By Yashaswini Swamynathan U.S. stocks reversed course late Thursday morning as weak results from several industrial and consumer discretionary companies eclipsed gains from healthcare stocks. The top drag on the S&P 500 and the Nasdaq was Comcast (CMCSA.O), which fell 2.7 percent following price target cuts from […]