Investors Bite

11 Plc Finalises Talks to Acquire Lagos Continental Hotel from AMCON

December 23, 2019/NSE 11 Plc (Formerly Mobil Oil Nigeria Plc) is pleased to notify its esteemed Shareholders, Stakeholders, The Nigerian Stock Exchange (“The Exchange”) and the general public, that the Company has finalized discussions with the Asset Management Company of Nigeria (AMCON) to acquire the Lagos Continental Hotel through its […]

Why we are Encouraging Securities Lending – SEC

December 23, 2019/SEC The Securities and Exchange Commission, SEC has said that it is advocating for securities lending in the Nigerian capital market because it would deepen liquidity in the nation’s bourse as well as offer more returns to both the lender and the borrower. Acting Director General of the SEC, Ms. […]

MTNN, Investors Sell-Off Drags NSEASI Down -1.55% Ahead of Christmas Celebration

December 24, 2019/InvestmentOne Report The Nigerian equities market closed negative today as NSE-ASI lost 1.55% to close at 26,115.80pts. However, in today’s trade, market breadth index was positive with 16 gainers against 14 losers. CORNERST (-9.52%) led the losers’ chart while AGLEVENT (+10.00%) was the top gainer today.                                                                                                  UBA (-2.17%) was the […]