June 30, 2020/InvestmentOne Update ASI as at 12.00pm: -0.20%.  Market movers:  REDSTAREX (-9.91%), NAHCO (-8.57%), OKOMUOIL (+9.94%) and ABCTRANS (+9.80%). Sector Performances: Banking (-0.75%), Industrial (-0.59%), Consumer Goods (+0.02%) and Oil & Gas. Market activity: In today’s early trade, total volume and value increased by 38% and 17% respectively, compared to this time yesterday as investors have traded about 87million units of shares worth about N779million. JAPAULOIL (-4.35%) is the most actively traded stock thus […]

June 29, 2020 By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market gained on Monday to open the new week positive as the all-share index (ASI) appreciated by 0.12 percent to 24,858.89 basis points and boosted by Consumer Goods counters, InvestmentOne reports. However, at close of business on the floor […]

June 29, 2020/Transcorp Hotels Plc Shareholders of Transcorp Hotels Plc, owners of the iconic Transcorp Hilton Abuja and Transcorp Hotels Calabar, have unanimously authorised the Board of Directors to raise N10 billion in its proposed Rights Issue to fortify its balance sheet.  The approval given at the Extraordinary General Meeting […]