Culled—-Proshare August 9, 2016/FDC Vacant properties in Lagos are not only enigmatic but also confusing to analysts. Instead of rents crashing as housing supply increases, we are seeing landlord resistance and tenants walking away. Lekki in particular, with a vacancy factor of 165, is witnessing a reverse supply curve (A […]
Updates
Skye Bank to Delay in filing Q1, Q2 Financial Statements
August 9, 2016/NSE This is to inform the Nigerian Stock Exchange, our regulatory authorities, esteemed shareholders and other stakeholders of the reasons necessitating the application for an extension of time within which to file the interim Financial Statements for the periods ended March 31, and June 30, 2016. The extension […]
NSE ASI Sheds 0.45% to Slid Deeper into Red Zone
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) all-share index (ASI) slid deeper into the red zone sheds 0.45 percent to close at 27,272 basis points. “Today’s negative close increased the Month-to-Date and Year-to- Date losses to 2.63 percent and 4.78 percent respectively,” Cordros Daily market update affirmed. According […]
