February 16, 2022/Nova Merchant Bank NOVA Merchant Bank, a leading merchant bank in Nigeria, has announced that its N20 billion Series 1 & 2 Commercial Paper issuance under the Nova Merchant Bank Limited N50 billion CP Programme is now open. The company said the offer which opened on the FMDQ platform […]
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MIDDAY UPDATE: Nigerian Stocks Advance +0.03% on Gains in Banking, Consumer Counters
February 16, 2022/InvestmentOne Update ASI as at 12.00pm: +0.03% Market movers: LEARNAFRICA (+9.94%), RTBRISCOE (+8.70%), UPDC (-5.45%) and CILEASING (-4.76%). Sector Performances: Banking (+0.08%), Consumer Goods (+0.03%), Industrial (-0.11%) and Oil and Gas (-0.04%). Market activity: In today’s trade, total volume decreased by 3%, while value increased by 227%, compared to this time yesterday, as investors have traded about 101million units of shares worth N4.84billion. MTNN (+0.50%) is the most actively […]
Bargain Hunting in MTNN, BUACEMENT Drives NGXASI to Trade Flat 47,064.82 Points
February 15, 2022/Cordros Report EQUITIES In today’s session, the Nigerian equities market traded with mixed sentiments albeit with a bullish tilt as bargain hunting in MTNN (+0.3%) and BUAFOODS (+0.8%) underpinned the market’s performance. Thus, the All-Share Index traded flat at 47,064.82 points with the Month-to-Date and Year-to-Date returns unchanged at +0.9% and […]
