January 4, 2019 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks as at midday Friday is down -0.53 percent and driven by sell-offs across most sectors. InvestmentOne update reports that market movers are manufacturer of foam furniture and furnishings, Vitafoam Nigeria Plc and UAC Property Development Company Plc; both depreciated -9.82 percent and […]
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T-Bills Market Trades Bearish as Market Players anticipate Retail FX Funding
Culled—Proshare January 4, 2019/Zedcrest Capital *** Nigeria generates N808bn from VAT in 9 months*** – NBS KEY INDICATORS Indicator Value Commentary Inflation 11.28% As at December 14, 2018. A c.2bps increase from 11.26% recorded in October 2018 MPR 14.00% Left Unchanged for the 12th Consecutive Time at the Nov. 22, […]
NSE Lists Expanded CCNN Shares as Market Value Hits N254bn
Culled—Proshare January 3, 2018/BUA Group The market value of the Cement Company of Northern Nigeria (CCNN) having gained 110 per cent at the close of trading on December 31, 2018 increased to N254,983,918,740.40 billion shortly after the merger with BUA Group’s Kalambaina Cement Company Limited was approved by the regulators […]
