Investors Bite

MIDDAY UPDATE: Nigerian Stocks Heads Northward -0.06% on Oil & Gas Counters

June 23, 2022/InvestmentOne Update ASI as at 12.00pm: +0.06% Market movers: FTNCOCOA (+9.38%), OANDO (+7.37%), ELLAHLAKES (-10.00%) and PRESCO (-9.81%). Sector Performances: Oil and Gas (+0.98%), Consumer Goods (-0.02%), Banking (-0.01%) and Industrial. Market activity: In today’s trade, total volume and value decreased by 26% and 50% respectively, compared to […]

DANGCEM, BUAFOODS Extends Positive Run as Nigerian Stocks Gain +0.6%

June 22, 2022/Cordros Report EQUITIES Trading in the local bourse sustained its positive momentum from yesterday as the All-Share Index advanced by 0.6% to 51,377.21 points. Today’s performance was supported by gains in DANGCEM (+1.9%) and BUAFOODS (+6.9%). Accordingly, the Month-to-Date loss moderated to -3.0%, while the Year-to-Date returns increased […]

POSN Asks Anambra Government to Release Details of Dollar Investments by Peter Obi’s Administration

June 22, 2022/POSN The Peter Obi Support Network (POSN) has asked the Anambra state government to release into public domain, details of million-dollar investments for the state while Mr Obi was the Governor. Mr Peter Obi, presidential candidate of the Labour Party, and the former governor of Anambra state had […]