Investors Bite

Nigerian Stocks Open Week Down -0.21% on Renewed Profit-Taking

December 17, 2018 By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Monday closed the first trading session of the week negative, as benchmark index declined -0.21 percent to 30,609.06 basis points on renewed profit-taking; compared to +0.34 percent gain recorded previously. InvestmentOne reports Year-to-Date (YTD) returns currently stands at […]

C & I Leasing Share Capital Reconstruction: Offers 1 for 4 Ordinary Shares Held

December 17, 2018/NSE C & I Leasing Plc has through its Stockbroker; Cordros Capital Limited, notified The Nigerian Stock Exchange of the share capital reconstruction of the Company as shown below :  Basis: four (4) Ordinary shares will be consolidated into one (1) new ordinary share.  The qualification date for […]

Diamond Bank Confirms Merger with Access Bank

December 17, 2018/Diamond Bank Plc The Board of Diamond Bank Plc (“Diamond Bank”) today announces that following a strategic review leading to a competitive process, the Board has selected Access Bank Plc (“Access Bank”) as the preferred bidder with respect to a potential merger of the two banks (“the merger”) […]