Investors Bite

UPDC Announces SEC Approval on Its Proposed Scheme of Arrangement

December 28, 2020/NSE UACN Property Development Company Plc (UPDC or the Company) has through its stockbroker, Stanbic IBTC Stockbrokers Limited, informed The Nigerian Stock Exchange (The Exchange) that the Company has obtained the approval of the Securities and Exchange Commission for the Scheme of Arrangement between UACN Property Development Company […]

DANGCEM Drives Nigerian Stocks to +5.4% Weekly Gain Highest Since May 28, 2018

December 24, 2020/Cordros Report Investors flocked into the shares of Dangote Cement following the announcement of its much-awaited share buyback programme. Based on the preceding, the local bourse received a boost as the ASI rose by 5.4% w/w, the second consecutive weekly gains and closed at 38,800.01 points, the highest […]

Nigerian Bourse Index Sheds -0.01% amid Renewed Bearish Activity

December 24, 2020/InvestmentOne Report Please click to download the Market Report for Thursday 24th December 2020   EQUITY:                            ·         The Nigerian equities market closed flat today as NSE-ASI shed 0.01% to close at 38,800.01pts.   ·         In today’s trade, market breadth index was positive with 23 gainers against 8 losers.   ·         […]