Investors Bite

Flour Mills of Nigeria 5 and 7 Year Bond Issue is Coming Soon

Culled—Proshare November 8, 2020 by Arthur Steven Asset Mgt The Flour Mills of Nigeria PLC (“Flour Mills” or “FMN”) 5 year and 7-year bond Issue is imminent. In its over five-decade history, FMN has been notable for: Strong Brand & Reputation – FMN’s Golden Penny brand continues to be one […]

Local Investors Win Big in October

November 6, 2020/Cowry Asset Report The global economy continued to see modest recovery at the beginning of the fourth quarter relative to the end of the preceding quarter –as reflected in Purchasing Managers’ Indexes of major economies. According to J.P. Morgan Global Composite Output Index, global business activities (manufacturing and […]

Nigerian Equities Market Closes Week Positive as NSE-ASI Gains Rise above 31,000 Points

November 6, 2020/InvestmentOne Report The Nigerian equities market closed up today as NSE-ASI gained 0.90% to close at 31,016.17pts.  In today’s trade, market breadth index was positive with 31 gainers against 11 losers. ETI (+9.80%) led the gainer’s chart today, while MANSARD (-9.09%) was the top loser. OMOMORBNK was the most actively traded stock with about 139million units of shares worth […]