Investors Bite

MIDDAY UPDATE: Nigerian Stocks Inch Down -0.27% on Industrial, Consumer Goods Losses

June 25, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange all-share index (NSEASI) as at 12.00 noon Tuesday is down -0.27 percent and drive by losses recorded in the Industrial and Consumer Goods counters. InvestmentOne reports that market movers are Custodian Investment Plc and Nem Insurance Plc; both has thus […]

MIDDAY UPDATE: Nigerian Stocks Up +0.08% on Gains in Consumer, Industrial Counters

June 24, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange all-share index (NSEASI) as at midday Monday has inched up +0.08 percent and driven by gains in the Consumer and Industrial Goods names. InvestmentOne update reports that market movers are Drugmaker, GlaxoSmithKline Consumer Nigeria Plc and Prestige Assurance Plc; both […]

Forte Oil Announces Resignation of CEO, CFO, Appoints Replacements

June 22, 2019/NSE Forte Oil Plc (the Company) hereby notifies the Nigerian Stock Exchange (NSE), its shareholders and other stakeholders of the Company of the following: The resignation of Mr. Akin Akinfemiwa and Mr. Julius Omodayo-Owotuga as Chief Executive Officer and Chief Financial Officer of the Company, respectively. The appointment […]