January 18, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Friday closed the last trading session of the week in green, gaining 1.38 percent and posted a whopping -3.94 percent Week-to-Date (WTD) returns  following buying sentiments across bellwether counters. InvestmentOne reports that market breadth index was somewhat flat with […]

January 18, 2019/NEM Insurance NEM Insurance Plc (“NEM” or the “Company”) (www.NEM-Insurance.com), a leading insurance group in Nigeria announced that Advanced Finance and Investment Group (“AFIG Funds”) (www.AFIGFunds.com), a leading African private equity fund manager has, through AFIG Fund II, completed an investment in the Company, by acquiring 29.9% of […]

January 18, 2019/InvestmentOne Update ASI as at 12.00pm: -0.16%.  Market movers: BETAGLAS (-8.79%),  ETERNA (-3.41%), NEIMETH (+9.84%), NEM (+9.73%). Sector Performances: Banking (-0.60%), Industrial (-0.29%), Consumer Goods (-0.02%) and Oil & Gas (+0.13%). Market activity: In today’s early trade, while total volume increased by 31%, total value declined by 8% […]