By InvestAdvocate Lagos (INVESTADVOCATE)-Sterling Bank Plc said on Friday its seeking to buy one (1) or two (2) mid-tier banks as sharp falls in the value of the naira and increased regulatory pressure are forcing banks to recapitalise, according to Reuters quoting Abubakar Suleiman, its chief financial officer (CFO). According […]
Tag: Nigerian Bourse
Bulls Sustain Momentum 3-Straight Day on Nigerian Bourse, Index Gains 0.64%
Lagos (INVESTADVOCATE)-Bulls on Wednesday sustained a three-day momentum on the Nigerian Stock Exchange (NSE) as the all-share index (ASI) gained 0.64 percent to close at 24,135.40 basis points, while market capitalisation increased by N58.01 billion to N8.30 trillion. Cordros daily market update says with this trend, Month-to-Date (M-t-D) gain on […]
Nigerian Bourse Remains Positive, Gains 0.02%
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday closed on a positive note as all-share index (ASI) gained 0.02 percent to close at 23,981.09 basis points, while market capitalisation increased by N1.37 billion to N8.25 trillion, according to Cordros daily market update. Today’s marginal gain extended the Month-to-date […]
