February 15, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange all-share index (NSEASI) as at midday Friday is up +1.36 percent on gains across sectors. InvestmentOne update reports that market movers are insurer, Royal Exchange Assurance Plc and Ikeja Hotels Plc; both are up +10.00 percent and +9.70 percent apiece, […]
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CBN OMO Repayment Moderates Funding Rates
Culled—Proshare February 14, 2019/Zedcrest Capial ***NESG forecast GDP growth by 3.2% in 2019*** KEY INDICATORS Indicator Value Commentary Inflation 11.44% As at January 16, 2019. A c.16bps increase from 11.28% recorded in November 2018 MPR 14.00% Left Unchanged for the 15th Consecutive Time at the Jan. 22, 2019 MPC Meeting […]
NSEASI Rebounds +012% amid Renewed Bargain Hunting
February 14, 2019 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Thursday resumed its uptrend as the benchmark index gained 0.12 percent to close at 32,453.69 basis points compared to –0.15 percent lost recorded previously, amid bargain hunting and driven by gains in Industrial, Consumer names. InvestmentOne update […]
