Investors Bite

Nigerian Bourse Says Total Transaction Rise +5.74% in November 30, 2019

December 30, 2019/NSE On a monthly basis, The Nigerian Stock Exchange polls trading figures from market operators on their Domestic and Foreign Portfolio Investment (FPI)4 flows. As at 30 November 2019, total transactions at the nation’s bourse increased by 5.74% from N163.16 billion (about $532.35 million) in October 20195 to […]

Foreign Investors Remain Net Sellers of Nigerian Equities

Culled—Proshare December 30, 2019 By CSL Research  Nigerian Stock Exchange (NSE) data on domestic and foreign investor participation for November revealed that foreign investors’ outflows from Nigerian equities outpaced inflows for the second consecutive month. The higher decline in Foreign outflows (down 19.3% m/m to N53.2bn) when compared to the […]

Dangote Cement Offers N1.704Bn Ordinary Shares in Proposed Share BuyBack

December 30, 2019/InvestmentOne Update Dangote Cement Plc. has scheduled an Extraordinary General Meeting (EGM) for 22nd January 2020 to deliberate a number of issues, particularly plans by the company to buyback up to 10% of its share capital.   The schedule below reveals details of the buyback plan:   OFFER […]