Investors Bite

Nigerian Stocks Inch Down -025% on Renewed Profit-Taking

December 12, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market reversed on its previous gains to close Wednesday’s trading session in the red, losing -0.25 percent to close at 30,642.35 basis points compared to +0.34 percent gain recorded previously; bringing Year-to-Date (YTD) returns to -19.88 percent.  InvestmentOne reports that market […]

Intraday Update: Nigerian Stocks Down -0.22% on Selloffs Across Sectors

December 12, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange all-share index  (NSEASI) as at midday Wednesday is down -0.22 percent; driven by selloffs across sectors InvestmentOne report says market movers are Nigeria’s leading conglomerate in several industries, AG Leventis (Nigeria) Plc  and FBN Holdings Plc; both are down -7.41 percent […]

Zenith Bank Says Alhaji Baba Tela Retires from Board

December 12, 2018/NSE Zenith Bank Plc wishes to announce the retirement of Alhaji Baba Tela (Independent Non-Executive Director) from the board of the bank with effect from October 2, 2018.  This follows the expiration of his tenure of office, having served The Group for almost twelve (12) years.  The retirement […]