August 27, 2019/Cowry Asset Upon completion of the deal, UACN will effectively lose controlling interest in MDS Logistics and cease to be Parent company of MDS, having reduced its stake by 8%. Thus, MDS becomes an associate company to UACN and the former’s financial result will be captured in UACN’s […]

August 27, 2019/InvestmentOne Report The Nigerian equities market closed negative today as NSE-ASI lost -0.32% to close at 27,602.77.pts. In today’s trade, market breadth index was negative with 22 losers against 13 gainers.                                                                                                                                 SEPLAT (-9.82%) led the loser’s chart while PZ (+5.93%) was the top gainer today.  TRANSCORP (+1.94%) […]

August 27, 2019/InvestmentOne Update ASI as at 12.00pm: -0.45%.  Market movers: NEIMETH (-9.62%), TRANSEXPR (-9.09%), TRANSCORP (+4.85%), CCNN (+3.57%), Sector Performances: Oil & Gas (-0.88%), Banking (-0.78%),Industrial (-0.06%) and Consumer Goods (-0.01%). Market activity: In today’s early trade, total volume and value rose by 113% and 157% respectively, compared to this […]