By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Bullish sentiments on Monday prevailed on the Nigerian Stock Exchange (NSE), following a rally in the shares of cement producer and most capitalised company on the Nigerian bourse, Dangote Cement Plc, as all-share index (ASI) climbed up 1.41 percent to close at 24,570.73 basis points, […]
Tag: Wema Bank Plc
Fitch Revises Outlook on 3 Nigerian Banks to Negative; Affirms Ratings
18 Feb 2016/Fitch Ratings (This statement was made by the rating agency on February 18, 2016) Fitch Ratings has revised the Outlooks on the Long-term foreign currency Issuer Default Ratings (IDRs) of First Bank of Nigeria Ltd (FBN), United Bank for Africa Plc (UBA) and Guaranty Trust Bank Plc (GTB) […]
Banks Lead NSE to 5-Day Rally, Gains 5.05% to Close Week
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 […]
