Investors Bite

Investors commit Billions at Lagos Free Zone in Nigeria

Located 65kms east of Lagos, in the immediate vicinity of upcoming Lekki Deep Sea Port, the Lagos Free Zone aims to enhance the ease of doing business in Nigeria November 24, 2020/API Events Lagos Free Zone (LFZ) (www.LagosFreeZone.com), the first privately owned special economic zone in Nigeria with an integrated […]

MIDDAY UPDATE: Nigerian Stocks Inch Up +0.24% Boosted by Banking, Industrial Counters

November 24, 2020/InvestmentOne Update ASI as at 12.00pm: +0.24%. Market movers:   MANSARD (+6.36%), FBNH (+5.97%), ETERNA (-9.98%) and UACN (-9.43%). Sector Performances:  Banking (+0.90%), Industrial (+0.02%), Consumer Goods and Oil & Gas (-0.10%). Market activity: In today’s early trade, total volume and value dipped by about 41% and 25% compared to yesterday […]

Market Closes Somewhat Flat as NSE-ASI Sheds -0.05% on Sell-Offs Across Sectors

November 23, 2020/InvestmentOne Report The Nigerian equities market closed down today as NSE-ASI lost 0.05% to close at 34,119.74pts.  In today’s trade, market breadth index was negative with 5 gainers against 46 losers . AIRTELAFRI (+5.00%) led the gainer’s chart today, while CUSTODIAN (-10.00%) was the top loser. ZENITHBANK (-5.66%) was the most actively traded stock with about 80million units of […]