Investors Bite

Market Players Oversubscribe NTB Auction by 286%

Culled—Proshare February 14, 2019/ Zedcrest Capital ***NNPC, Total, Shell, NAOC take Final Investment Decision on 4.3trn ANOH gas fields*** 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 […]

Intraday Update: Nigerian Stocks Inch Down -0.14% on Losses in Banking, Oil & Gas Counters

February 14, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks as at midday Thursday is down -0.14 percent and driven by losses already recorded in the Banking and oil & Gas sectors. InvestmentOne update reports that market movers as at the time of filing in this report are Dangote Flour Mills Plc […]

Nigerian Equities Market Bucks Positive Run on Profit-Taking

February 13, 2019/Cordros Update EQUITIES The Nigerian equities market bucked its positive run, as investors took profit from the gains in the prior sessions. Specifically, the benchmark index dipped by 0.15% to 32,413.92 points, on account of sell pressure across value stocks.   Accordingly, the Month-to-Date and Year-to-Date returns moderated […]