By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday closed in green as the all-share index (ASI) rose 0.42 percent on the back of the Banking and Consumer Goods indices to close at 25,454.75 points, while market capitalisation added N36.35 billion to N8.76 trillion. “Today’s positive performance […]
Tag: Oando Plc
Nigeria Fidelity Bank places $113 mln Oando loan on watchlist
Mon Apr 4, 2016/Reuters Nigeria’s Fidelity bank said on Monday it had put a 22.4 billion naira ($113 million) loan to Lagos-listed energy firm Oando Plc on a watchlist and taken a special provision of 5 percent. The mid-tier commercial lender said on an analysts’ call that the Oando loan […]
Equities Slid 0.52% amidst Weak Company Results, Profit-Taking across Consumer Goods, Insurance Counters
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian equities on Wednesday slid 0.52 percent amidst weak company results and profit-taking across key Consumer Goods and Insurance counters. At the end of today’s trading on the Nigerian Stock Exchange (NSE) all-share index (ASI) closed at 25,145.28 points, while market capitalisation fell by N45.41billion […]
