By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities on Monday reeled under sustained losses as it opened the week on a bearish note, closing 0.34 percent lower on investment declines. At the close of the day’s session, the all share index (ASI) closed at 24,765.10 points, while market capitalisation dropped […]
Tag: Cordros
Private Sector Growth; Headed for the Rocks?
21/4/2016/Cordros In what appears to be an open agreement with our opinion (expressed in our most recent economic note “Monetary Policy Committee May Tighten”), the CBN Governor, Godwin Emefiele, on Saturday (April 16, 2016), revealed that the country’s Monetary Policy Rate (MPR) will still have to rise. The CBN boss […]
Nigerian Stocks Extend Gains to Third Consecutive Day, ASI up 0.50%
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Thursday extended its gain for the third consecutive day as all-share index (ASI) climbed up 0.50 percent to close at 24,909.88 points, while market capitalisation rose by N42.97 billion to N8.57 trillion. “Today’s performance further pared the Month-to-Date and Year-to-Date losses to 1.57 percent […]
