By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday opened the week on a bearish note as the all-share index (ASI) closed at 27,629.90 points, while market capitalisation fell by N10.14 billion to N9.49 trillion. “Today’s negative close further extended the Month-to-Date and Year-to-Date losses to 6.65 percent and […]
Updates
Resort Savings Names Olayemi Rabiu Executive Director
By InvestAdvocate Lagos (INVESTADVOCATE)-Primary mortgage firm, Resort Savings & Loans Plc said on Monday it has appointed Olayemi Rabiu as executive director (ED) effective July 19, 2016, the company said in an issuer’s announcement with the Nigerian Stock Exchange (NSE). Resort said prior to Rabiu’s appointment, he was the […]
Nigeria: Technically in Recession?
Culled—Proshare July 25, 2016 /DLM Research Nigeria is technically in recession…a direct reflection of the lull in economic activities. We are of the view that several factors have contributed to the contraction in economic growth which we split into: demand side factors and supply side factors. Demand side factors influence […]
