By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday posted a Week-on-Week (w/w) loss of 1.73 percent as all-share index (ASI) and market capitalisation closed at 23,501.87 basis points and N8.083 trillion respectively. “Similarly, all other Indices finished lower during the week, with the exception of the NSE ASeM […]
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Update: We Stopped Selling Forex To BDCs Because Some CBN Directors Owned Them – Buhari
February 5, 2016/The Will President Muhammadu Buhari has disclosed why his government stopped the sale of foreign exchange to Bureau De Change, BDC, operators, noting that the decision was in response to acts of sabotage perpetrated by some directors of the Central Bank of Nigeria, CBN. Buhari, who revealed this […]
NSE Releases Interpretative Guidance on Index Circuit Breakers’ Rule
February 5, 2016/NSE The Nigerian Stock Exchange (“The Exchange” or “the NSE”) today announced that it has released its Interpretative Guidance on the Circuit Breakers’ Rule, Rule 15.46 of the Rulebook of The Exchange, 2015. The Rule became effective on January 15, 2016. The Exchange also notified the market of […]
