By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier lender, Access Bank Plc said on Monday its seeking approval this month from shareholders of the Bank to raise up to N100 billion ($505 million) fresh capital, according to a Reuters report. The report says Access Bank may raise the fund through a public […]
Tag: Nigerian Bourse
Stocks Slide into Negative Territory on Resumed Profit Taking, ASI Dips 0.62%
By InvestAdvocate Lagos (INVESTADVOCATE)-Stocks on Monday slumped into the negative zone as sell-offs across major counters saw the all share index (ASI) dip 0.62 percent to close at 25,349.07 basis points, while market capitalisation dropped by N54.35 billion to N8.72 trillion. “Today’s activities cut the ASI’s Month-to-Date gain to 0.17 […]
Equities Rebound 0.64% on Bargain Hunting
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian Equities on Thursday rebounded 0.64 percent on bargain hunting activities as the all-share index (ASI) closed at 25,306.22 points, while market capitalisation rose by N55.36 billion to N8.70 trillion. “Today’s activities increase the Month-to-Date gain to 2.99 percent and cut the Year-to-Date loss to […]
