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Bearish Trend Sustained as Average Rate Advanced 19bps to 11.7%

Culled—Proshare August 20, 2018/Afrinvest Research The bearish sentiment in the T-Bills secondary market persisted last week due to further sell-offs by offshore players on the back of current pressures in the Emerging markets. Moreover, institutional investors also repositioned ahead of Primary Market Auction (PMA) on Wednesday. Consequently, average rates across […]

Nigerian Stocks Open Week Positive +0.12%, Driven by Gains in Dangote Cement

August 20, 2018 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Monday opened the week positive appreciating 0.21 percent on  gains in Industrial Goods counters. InvestmentOne reports at the close of the trading session on the floor of the Nigerian Stock Exchange (NSE), market breadth index was negative […]