Investors Bite

Nigerian Equities Dip -0.19% Dragged by Banking, Oil & Gas Counters

March 15, 2022/InvestmentOne Report The Nigerian equities market closed in the negative territory by 0.19% as NGX-ASI closed at 47,340.86pts. In today’s trade, market breadth index was negative with 22 losers against 15 gainers.  VERITASKAP (+4.76%) was the top gainer, while CORNEREST (-8.82%) led the losers today. UBA (-2.30%) was the most […]

Wema Bank Shares Placed on Full Suspension in Preparation of Share Reconstruction

March 13, 2022/NGX Trading in the shares of Wema Bank Plc (the Bank) was suspended Tuesday, 8 March 2022. The suspension is necessary to prevent trading in the shares of the Bank in preparation for the share reconstruction of the Bank’s issued and fully paid shares from 38,574,466,082 ordinary shares […]

Nigerian Bourse Closes Week Positive +0.36% amid Profit-Taking Bouts

The Nigerian equities market closed in the green territory amid bouts of profit-taking. Specifically, gains in PRESCO (+19.6%), GTCO (+3.9%), INTBREW (+4.0%), and OKOMUOIL (+3.7%) stocks pushed the All-Share Index higher by 0.4% to 47,437.48 points.\. March 11, 2022/Cordros Report Global Economy The United States domestic prices rose to a […]