December 10, 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 […]

December 10, 2019/Cordros Report The bears continued to dominate the domestic equities market, as the benchmark index dipped 1.11% to 26,384.21 points, following sell-offs on DANGCEM, GUARANTY, and NESTLE stocks. Consequently, the Month-to-Date and the Year-to-Date losses worsened to -2.29% and -16.06%, respectively. Meanwhile, the total volume of trades increased […]

December 9, 2019/InvestmentOne Report The Nigerian equities market closed negative today as NSE-ASI fell by 0.65% to close at 26,681.31pts. Similarly, in today’s trade, market breadth index was negative with 28 losers against 5 gainers. BERGER (-10.00%) led the losers’ chart while MANSARD (+9.09%) was the top gainer today.                                                                                                  ZENITHBANK (-0.54%)  was […]