… Demola Sogunle is now Chief Executive of Stanbic IBTC Holdings PLC, as Yinka Sanni moves up to a regional role July 5, 2020/Mediacraft The Central Bank of Nigeria (CBN) has approved the executive management promotions recently announced by the Boards of Directors of Stanbic IBTC Holdings PLC and Stanbic […]
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NSE-ASI Dips -1.99% Week-to-Date on Uptick in Nigeria’s COVID-19 Cases, Persistent FX Illiquidity
July 3, 2020/InvestmentOne Report The Nigerian equities market closed down today as NSE-ASI lost 0.16% to close at 24,336.12pts. Similarly, the market closed down 1.99%WTD. In today’s trade, market breadth index was negative with 27 losers against 9 gainers. UACN (-10.00%) led the loser’s chart while IKEJAHOTEL (+9.68%) was the top gainer. GUARANTY (+0.48%) was the most actively traded stock with about 29million units of shares worth about N607million. Sector Performances […]
MIDDAY UPDATE: Nigerian Stocks Inch Down -0.02%, Dragged by Consumer Goods Sector
July 3, 2020/InvestmentOne Update ASI as at 12.00pm: -0.02%. Market movers: NEIMETH (-7.98%), NB (-5.82%), ROYALEX (+8.33%) and UNITYBNK (+4.00%). Sector Performances: Consumer Goods (-1.04%), Banking (+0.92%), Industrial and Oil & Gas. Market activity: In today’s early trade, total volume and value declined by 71% and 74% respectively, compared to this time yesterday as investors have traded about 16million units of shares worth about N185million. ZENITHBANK (-2.70%) is the most actively traded […]

