October 16, 2019/InvestmentOne Report The Nigerian equities market closed on a negative note as NSE-ASI lost 0.16% to close at 26,472.20pts. However, in today’s trade, market breadth index was positive with 13 gainers against 11 losers. WAPIC (-8.57%) led the loser’s chart while LAWUNION (+9.09%) was the top gainer today. ACCESS was the most […]
Investors Bite
NSE Unveils Effective Date of its Rules on Online Trading Portals
October 15, 2019/NSE The Exchange has received the Securities and Exchange Commission’s approval to the Rules and Rule Amendments set out below. The following Rules and Rule Amendments shall become effective on the date set forth below: Please do not hesitate to seek clarification via electronic mail to the above […]
SEPLAT Reveals Inorganic Growth Plan Via Proposed Eland Acquisition
Culled—Proshare October 15, 2019 By CardinalStone Research This morning, Seplat Petroleum Development Company Plc (Seplat) announced its intention to acquire the entire issued and to be issued shares of Eland Oil & Gas Plc (Eland) via cash resources of Seplat and new borrowings. Seplat is set to pay 166 pence […]
