Investors Bite

NSE Lifts Suspension on Trading in the Shares of Conoil

August 8, 2018/NSE We refer our Market Bulletin dated 6 August 2018 notifying the public of the suspension of Conoil Plc for non-compliance with Rule 3.1, Rules for Filing of Accounts and Treatment of Default Filing, Rulebook of The Exchange (Issuers’ Rules) (“Default Filing Rules”), which provides that; “If an […]

FirstBank Redeem $300million 8.25% Subordinated Notes

Culled—Proshare August 8, 2018/First Bank of Nigeria Having obtained the necessary approvals, I am pleased to formally announce that sequel to notice given on Friday 6th July, 2018 by First Bank of Nigeria Limited to FBN Finance Company B.V. of its intention to redeem the $300million 8.25% subordinated notes due […]

Stocks Close Fourth Straight Session Negative on Sell-Offs

August 8, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Wednesday closed negative for the fourth consecutive session, with the all-share index (ASI) dropping 0.09 percent to 36,299.82 points, as selloffs ensued across all major sectors. Cordros reports the Month-to-Date and Year-to-Date losses increased further to -1.94 percent and […]