Investors Bite

Ellah Lakes Signs Agreement with Pure Flour Mills

September 15, 2020/NSE Ellah Lakes Plc. (“Ellah Lakes” or “the Company”) hereby announces today that, it has signed a Produce Offtake Agreement with Pure Flour Mills Limited (PFM), a subsidiary De United Foods Industries Limited, for the initial supply of a minimum of approximately 5000 MT (Five Thousand Metric Tonnes) […]

MIDDAY UPDATE: Nigerian Stocks Dips -0.07% on Losses in Banking, Consumer Counters

September 15, 2020/InvestmentOne Update ASI as at 12.00pm: -0.07%. Market movers: UNIONDAC (-7.41%), MANSARD (-2.16%), IKEJAHOTEL (+9.52%), and UAC-PROP (+9.20%). Sector Performances:   Banking (-0.31%), Consumer Goods (-0.11%), Oil & Gas,  and Industrial.                                                                                                                          Market activity: In today’s early trade, total volume and value fell by 31% and 45% respectively, compared to yesterday, as investors have traded about 74million units of shares worth approximately N540million. FBNH (-1.96%) is the […]

Despite COVID-19 pandemic, Africa still a prime investment destination, participants affirm at AfDB webinar for Asian audiences

The webinar noted that the policy recommendations of the African Economic Outlook Supplement could be regarded as important opportunities for investments September 14, 2020/AfDB Participants at a webinar to present the African Development Bank’s (www.AfDB.org) African Economic Outlook Supplement (https://bit.ly/33pjJjy) to Asian audiences on Monday have endorsed the report as critical […]