By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Bullish sentiments on Monday prevailed on the Nigerian Stock Exchange (NSE), following a rally in the shares of cement producer and most capitalised company on the Nigerian bourse, Dangote Cement Plc, as all-share index (ASI) climbed up 1.41 percent to close at 24,570.73 basis points, […]
Tag: Cordros
Naira Slumps 20.69%, Trades N350 to Dollar
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian naira on Thursday slumped 20.69 percent on Thursday following gains recorded earlier in the week reversing to trade N350 to a dollar, according to Cordros daily market update. The update affirmed that as at the time of its report, the naira in the interbank market […]
NSE Halts 4-Day Losing Streak, Gains 0.67% on Banking Sector Rebound
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Thursday halted a four-day losing streak as all-share index (ASI) gained 0.67 percent to close at 24,042.73 basis points, while market capitalisation jumped by N54.84 billion to N8.27 trillion. Today’s gain is coming on the heels of slight rebound […]
