January 14, 2021/NSE Ardova Plc (“AP”), a leading Nigerian integrated energy company, and the shareholders of Enyo Retail and Supply Limited (“Enyo”) have entered discussions relating to AP acquiring Enyo. Enyo is one of the newest and fastest growing retail and supply companies in the downstream sector. Enyo is a […]
Investors Bite
MIDDAY UPDATE: Nigerian Stocks Appreciates +0.97% Driven by Gains Across Sectors
January 14, 2021/InvestmentOne Update ASI as at 12.00pm: +0.97%. Market movers: ARDOVA (+10.00%), JAPAULGOLD (+9.45%), JAIZBANK (-6.94%) and NEIMETH (-4.55%). Sector Performances: Oil & Gas (+5.25%), Industrial (+1.71%), Banking (+0.97%) and Consumer Goods (+0.17%). Market activity: In today’s early trade, total volume and value increased by 110% and 85% respectively […]
Bulls Maintains Grip as the Domestic Bourse Index Rises by +0.11%
January 13, 2021/Cowry Asset At the close of Wednesday’s trade, the local equities market closed higher by 0.11% to 40,341.05points as investors continue to hunt for bargains in the market. Consequently, the year-to-date gain of the NSE ASI advanced to 0.17%even as the Exchange printed more gainers (32) than losers […]
