Investors Bite

ETI, STERLNBANK, ZENITHBANK Drags NSE-ASI Down -0.05% Back to Negative Territory

March 23, 2021 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Tuesday closed down as benchmark index lost 0.05 percent to close at 38,704.97 basis points dragged by tier one banking stocks, Ecobank Transnational Incorporate, Sterling Bank Plc and Zenith Bank Plc. InvestmentOne reports in today’s trade, market […]

Airtel Africa Announces Agreement to Sell Telecoms Tower Companies to Helios Towers

March 23, 2021/NSE Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, today announces the signing of agreements to sell its telecommunications tower companies in Madagascar and Malawi to Helios Towers plc (the “Purchaser”), a leading independent telecommunications infrastructure company […]

MIDDAY UPDATE: Nigerian Stocks Heads South, Dragged by Banking, Consumer Goods Counters

March 23, 2021/InvestmentOne Report ASI as at 12.00pm: -0.05%. Market movers:  CHAMPION (-8.04%),  ETI (-5.88%),  CAP(+10.00%) and WAPIC (+6.00%). Sector Performances: Banking (-0.55%), Consumer Goods (-0.15%),  Industrial (+0.02%) and Oil and Gas. Market activity: In today’s early trade, total volume and value increased by about 92% and 200% respectively, compared to this […]