Investors Bite

MIDDAY UPDATE: Nigerian Stocks Gain +0.16% on Gains Across Sectors

August 4, 2020/InvestmentOne Update ASI as at 12.00pm: +0.16%. Market movers: MANSARD (+9.72%), NEIMETH (+9.09%), NAHCO (-4.04%) and ACCESS (-0.79%).   Sector Performances: Banking (+0.65%), Oil & Gas (+0.22%), Consumer Goods (+0.20%), and Industrial.  Market activity: In today’s early trade, total volume and value declined by 8% and 10% respectively, compared to this time yesterday as investors have traded about 56million units of shares worth about N371million. TRANSCORP (+1.69%) is the most actively […]

Nigerian Equities Market Index Advances by 0.29% amid Sustained Bullish Momentum

August 3, 2020/Cordros Report EQUITIES Activities in the domestic equities market picked from where they left off last week, closing higher on gains in BUACEMENT (+2.0%), GUARANTY (+1.6%) and FLOURMILL (+10.0%). The NSE ASI rose by 0.3% to 24,766.12 points. Accordingly, Year-to-Date loss moderated to -7.7%.   The total volume […]

German Energy Investors Have a Bright Future in a Post-Covid 19 Africa

The reshaping of the continent from 2021 onwards provides a great opportunity for German companies and technology to fight energy poverty in Africa August 3, 2020/AEC On Thursday, the Germany-Africa Business Forum (GABF) is organizing an exclusive webinar to encourage new deals between German and African public and private energy […]