By InvestAdvocate Lagos (INVESTADVOCATE)- The local bourse on Wednesday trudged along, driven by renewed bargain hunting activities which lifted the Nigerian Stock Exchange all-share index (NSE ASI) and market capitalisation by 0.55 percent to close at 27,421.83 points and N9.42 trillion respectively. “Today’s positive close decreased the Month-to-Date and Year-to- […]
Tag: InvestAdvocate
CBN Orders Banks to Sell FOREX to BDCs
By InvestAdvocate New York (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) in its effort to stabilise the naira has authorised agent banks approved for international money transfer operators to sell foreign currency accruing from inward money remittances to licenced Bureau De Change operators. This is contained in a circular with reference […]
Bulls Return to Nigerian Bourse, Benchmark Index up 0.41% on Zenith, GTBank Gains
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The bulls on Wednesday returned to the Nigerian Stock Exchange (NSE) as all-share index (ASI) climbed up by 0.41 percent to close at 26,763.86 points, while market capitalisation added N19.75 billion to N9.19 trillion. “Today’s gain extended the Month-to-Date gain to 6.79 percent and […]
