Culled—Proshare September 10, 2018/Afrinvest Research Last week, the Treasury Bills (“T-Bills”) market traded slightly bullish in the first few sessions as excess liquidity in the financial system buoyed demand on the shorter end of the curve further supressing rates, particularly the 27-Sep-18 maturity (-3.3% W-o-W). However, by mid-week, the demand […]
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Stocks Open Week Negative on Selloffs
September 10, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Monday closed the first trading session in of the week in red, as the all share index (ASI) lost 1.25 percent on selloffs across sectors. InvestmentOne reports that market breadth index was negative with 11 gainers compared to 21 […]
May & Baker Applies to Raise N2.5 Billion via Rights Issue
September 10, 2018/Thisday By Goddy Egene May and Baker Nigeria Plc has applied to the Nigerian Stock Exchange (NSE) to raise N2.450 billion fresh capital from existing shareholders. The company is going to raise the funds through a Rights Issue of 980 million shares of 50 kobo each at N2.50 per share on […]
