Investors Bite

MIDDAY UPDATE: Nigerian Stocks Dip -1.44% on Losses Across all Sectors

March 19, 2020/InvestmentOne Report ASI as at 12.00pm: -1.44%.  Market movers: FLOURMILLL (-9.81%), FIDSON (-9.80%), JAIZBANK (+9.76%) and NPFMCRBK (+3.96%). Sector Performances: Banking (-7.53%), Consumer Goods (-1.16%), Industrial (-0.59%) and Oil & Gas (-0.12%). Market activity: In today’s early trade, total volume and value fell by 15% and 42% respectively […]

FGN Opens March 2020 Bond Auction

March 18, 2020/DMO The Central Bank of Nigeria on the authority of The Debt Management Office on behalf of the Federal Government Of Nigeria Offers for Subscription by Auction and is authorized to receive applications for N15,000,000,000 – 12.75% FGN APR 2023 (5-Yr Re-opening)* N15,000,000,000 – FGN MAR 2035 (15-Yr […]

Nigerian Stocks Gain +1.09%, as Investors Speculate on MTNN, GTBank Shares

March 18, 2020 By Paschal IJEH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Wednesday closed positive spurred by buy-interest activities; following investors speculation on the shares of MTN Nigeria and Guaranty Trust Bank Plc; as benchmark index gained 1.09 percent to close at 22,789.64 basis points. InvestmentOne report says similarly, […]