By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday closed the week on a negative note and declining 1.04 percent to extend Year-to-Date (Y-t-D) loss to 14.70 percent. At the end of the week’s trading on the domestic bourse, all-share index (ASI) and market capitalisation depreciated by […]
Tag: Cordros
Naira Trades 400 on Black Market against Dollar Sets New Record Low
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian naira on Thursday traded at 400 against the dollar, according to a section of Bureau De Change Operators compared to 385 traded Wednesday’s session; thereby crashing by 15 naira to set a new record low. However, as at the time of filing in this report, […]
Bulls Resurface on Nigerian Bourse, Index up 0.85%
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Bulls on Thursday resurfaced on the Nigerian Bourse after suffering a two-day consecutive loss as all-share index (ASI) inched up 0.85 percent to close at 24,261.69 basis points, while market capitalisation rose by N70.70 billion to N8.34 trillion. According to Cordros daily market update, […]
