November 5, 2020/InvestmentOne Report The Nigerian equities market closed somewhat flat today as NSE-ASI shed 0.01% to close at 30,738.92pts. In today’s trade, market breadth index was somewhat positive with 18 gainers against 17 losers. TRANSCORP (+9.86%) led the gainer’s chart today, while LINKASSURE (-8.89%) was the top loser. FBNH (+2.38%) was the most actively traded stock with about 61million units […]
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MIDDAY UPDATE: Nigerian Stocks Inch Up +0.03% Driven by Banking, Consumer Goods Counters
November 5, 2020/InvestmentOne Update ASI as at 12.00pm: +0.03%. Market movers: TRANSCORP (+8.45%), JAPAULOIL (+8.33%), WAPIC (-9.09%), ABCTRANS (-8.82%). Sector Performances: Banking (+0.10%), Consumer Goods (+0.02%), Oil & Gas and Industrial. Market activity: In today’s early trade, total volume and value rose by 233% and 270% respectively compared to this time yesterday, as investors have traded about 183million units […]
GTBank Obtains Approval-In-Principle from CBN, SEC to Restructure to Financial HoldCo
November 4, 2020/NSE Guaranty Trust Bank Plc (GTBank or the Bank) is pleased to announce that it has obtained the approval-in-principle of the Central Bank of Nigeria (the CBN) to commence the formal process of the reorganisation of the Bank to a financial holding company (the Restructuring), which will be implemented […]
