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: Forte Oil Plc
Nigeria may be Excluded from the MSCI Frontier Market Index
April 8, 2016/Cordros MSCI Inc. (“MSCI”), released a statement this morning, wherein it mentioned that as a result of the deterioration of foreign exchange market liquidity in Nigeria, it was closely monitoring the situation in the country with regards to market accessibility ahead of its upcoming Semi-Annual Index Review in May […]
NSE Posts Fourth Straight Gains, Index up 1.09% on Dangote Cement Rally
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday posted its fourth consecutive gains as the all share index (ASI) climbed up by 1.09 percent to close at 24,838.31 basis points, while market capitalisation rose by N92.05 billion to N8.54 trillion. “Today’s gain brought the Month-to-Date gain to 1.09 […]