Investors Bite

Nigeria’s Notore Drops 8.8 Pct in One Week after Debut Listing

9/8/2018/Reuters Nigeria’s Notore Chemical shares dropped to 57 naira each in Thursday’s session, losing 8.8 percent in a week after its debut stock market listing in Lagos. The stock quickly rose to 62.50 naira, its listing price, on thin volumes. The fertiliser company on Thursday said loss before tax for […]

Japanese Public, Private Entities Show Interest in African Investment Forum

  August 10, 2018/AfDB The  African Development Bank Group’s External Representation Office for Asia hosted a seminar in the Japanese capital to present the upcoming Africa Investment Forum, which is expected to excite investor interest in bankable projects in the continent through a new de-risked transactional platform. The event was […]

Markets trade flat as CBN sells OMO to manage maturities

Culled—Proshare 9/8/2018/Zedcrest Capital  KEY INDICATORS Indicator Value Commentary Inflation 11.23% As at July 23, 2018, 38bps down from 11.61% recorded in May 2018. MPR 14.00% Next MPC meeting scheduled for September 24 & 25, 2018 External Reserves $46.76bn As at August 8, 2018. A c.0.11% decrease from $46.81bn as at […]