BEARISH TREND: Operators advise investors to be cautious
OPERATORS in the capital market have called for caution in stocks investment as the equities market closed in fourth consecutive week of bearish trend, resulting in loss of N188 billion to investors.
Equities rebound as investors gain N334bn
ACTIVITIES on the equities market rebounded last week despite jitters in the political environment with investors recording N334 billion gains on their investment.
Equities bearish trend continues as investors lose N89 billion
The equities’ market on Monday continued its bearish streak as the Nigerian Stock Exchange, NSE All Share Index, ASI fell 0.8 percent to 30,400.28 points while Year to Date, YtD return weakened to -3.3 percent.
NNPC seeks investors for 10bn barrels untapped deepwater assets
The Nigerian National Petroleum Corporation, NNPC, yesterday, insisted that it has no plan to embark on a mass retirement of its staff, while it also assured of a stable supply of Premium Motor Spirit, PMS, also known as petrol during the Yuletide season and beyond.
How investors can trade their Rights Issue
First and foremost, what is a Rights Issue? A Rights Issue is an offer to existing shareholders to purchase additional shares in a company during the company’s issue of new shares to raise additional capital.
Experts counsel SMEs on due diligence in attracting investors
Experts have advised operators of small and medium enterprises (SMEs) in Nigeria to carry out proper due diligence before accepting capital from potential investors in a bid to grow their business.
