Investors Bite

Access Bank Says Q3 2018 Post-Tax Profit Up 11.5% to N62.9 Billion

  October 22, 2018 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier lender, Access Bank Plc on Monday said is post-tax profit for the period ended September 30, 2018 grew 11.5 percent to N62.9 billion from N56.4 billion posted a year ago; of which subsidiary contribution increased to 32 percent, […]

Bond Market Traded On a Bearish Note With Yields Rising Across Most Maturities Traded

Culled—Proshare October 22, 2018/Anchoria AM Research  Money Market The money market rate decreased last week as the Overnight rate (OVN) and Open Buy Back (OBB) fell to 13.33% and 12.67% respectively. Consequently, the average money market rate fell by 6.46% to settle at 13.00% due to increased system liquidity to […]

Nigerian Stocks Up 0.37% Amid Bargain Hunting in Bellwether Counters

October 22, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Monday closed the first trading session of the week positive, gaining 0.37 percent following broad interest across value stocks  to close at 32,962.82 basis points as year to date loss drops -13.81 percent.  Cordros reports as a result, Month-to-Date gain increased […]