Investors Bite

Flour Mills of Nigeria Series 12 Commercial Paper Is Now Open

Culled—Proshare December 17, 2019/By Arthur Stevens Asset Mgt  We wish to inform you that the that the Flour Mills of Nigeria PLC (“Flour Mills”) series 12 commercial paper offer of up to NGN3 billion under the company’s NGN100 billion commercial paper programme is now open, and scheduled to close on […]

Seplat Announces Complete Acquisition of Eland

December 17, 2019/NSE On 15 October 2019, the boards of Seplat and Eland announced that they had reached agreement on the terms of a recommended cash acquisition by Seplat of the entire issued and to be issued ordinary share capital of Eland (the “Acquisition”) to be implemented by way of […]

NSEASI Moderates +0.13% amid Renewed Profit Taking Activity

December 16, 2019/InvestmentOne Report Please click to download the Market Report for Tuesday 17th December 2019  EQUITY: ·         The Nigerian equities market closed negative today as NSE-ASI lost 0.13% to close at 26,660.44pts. ·         However, in today’s trade, market breadth index was positive with 17 gainers against 11 losers. ·         Today’s performance […]