August 28, 2019/InvestmentOne Report The Nigerian equities market closed positive today as NSE-ASI gained 0.02% to close at 27,607.02.pts. In today’s trade, market breadth index was flat having 13 gainers and 13 losers.                                                                                                                                                                                                                                                    JOHNHOLT (+10.00%) led the gainer’s chart while HONYFLOUR (-7.41%) was the top loser today.  TRANSCORP (-0.95%) was […]

August 28, 2019/NSE Background to the Take-Over Offer On 24 June 2019, Ignite Investments acquired 970,166,694 Ordinary Shares representing a 74.02% equity stake in Forte Oil from Zenon Petroleum & Gas Limited (“Zenon Petroleum”), Thames Investment Incorporated (“Thames Investment”) and Femi Otedola, for a cash consideration of N66.25 per share. […]

August 27, 2019/Cowry Asset Conoil, a company currently trading below its equity value and has consistently increased PAT, even by 87.54% in H1 2019, qualifies as both value and growth stocks; thus, presenting income and capital gains opportunities. Click here to view details.