By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Wednesday plunged for the third consecutive day as all-share index (ASI) declined by 0.86 percent to close at 23,883.34 basis points, while market capitalisation dropped by N68.48 billion to N8.22 trillion, according to Cordros daily market update. The update says today’s […]
Tag: Zenith Bank Plc
NSE Maintains Bearish Run, Down 1.36% on Banking, Oil & Gas Sector Losses
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday maintained a bearish run as all-share index (ASI) declined by 1.36 percent to close at 24,090.98 basis points, while market capitalisation dropped by N114.32 billion to N8.29 trillion. Cordros daily market update says today’s trend came on the […]
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) […]
