By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian Stock Exchange (NSE) posted a five-day rally as the all-share index (ASI) and market capitalisation gained 5.05 percent to close the week at 24,689.69 basis points and N8.491 trillion respectively. The rally was as a result of the performance in the Financial […]
Tag: Nigerian Stock exchange
Forte Oil Says 2015 Pretax Profit up 16.7%, Offers Investors N3.45 per Share Dividend
By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing firm, Forte Oil Plc said on Friday its pretax profit for the 2015 full year audited report climbed up 16.7 percent to N7.012 billion from N6.006 billion recorded a year ago. Similarly profit after tax (PAT) grew 30 percent to N5.794 billion from N4.457 billion […]
INTERVIEW-Nigeria to expand stock exchange range to lure investors
Thu Feb 11, 2016/Reuters By Chijioke Ohuocha and Ulf Laessing Nigeria’s stock exchange, Africa’s second-largest, is looking to attract investors spooked by a weak currency and oil price by offering more products ahead of a possible listing. “We would like to give exposure to asset classes that we are not […]
