Investors Bite

Dangote Cement Announces Completion of Tranche 1 of Its Share Buy Back Programme

January 11, 2021/NSE Dangote Cement Plc (“DCP” or the “Company”) hereby announces the completion of the first tranche (“Tranche I”) of its share buy-back programme (the “Share Buy-Back Programme”) which was announced on 21 December, 2020. Relevant details of this Tranche I are set forth below: Following the conclusion of […]

MIDDAY UPDATE: Nigerian Stocks Inch Down -0.02% Dragged by Banking Counters

January 11, 2021/InvestmentOne Update ASI as at 12.00pm: -0.02%. Market movers: BOCGAS (-9.96%), NEIMETH (-8.64%), LIVESTOCK (+10.00%) and ARDOVA (+9.79%). Sector Performances:  Banking (-0.01%), Oil & Gas (+0.33%), Consumer Goods (+0.05%) and Industrial. Market activity: In today’s early trade, total volume and value increased by 108% and 26% respectively compared […]

Nigerian Bourse Ends First Trading Week of 2021 in Red

The local bourse ended the first trading week of 2021 in the red, as losses recorded on the second and last trading days eroded gains from the other trading days of the week. Accordingly, the All-Share Index declined by 0.4% w/w to close at 40,120.22 points. January 8, 2021/Cordros Report […]