Investors Bite

Bond Yields Trend Higher as Market players Cut losses on the 10-Yr

Culled—Proshare July 26, 2018/Zedcrest Capital ***Nigeria’s 9mobile takeover nears as regulator finalizes review*** – Reuters 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 $47.26bn […]

Oando Defies Odds, Declares N8.5 Billion PAT in H1 2018

July 26, 2018/Oando Plc Oando continues to defy skeptics as the company recorded N8.5 billion profit-after-tax (PAT) in its half-year ended June 30, 2018 (H1 2018) results. The impressive result comes in the wake of increase in the price of oil and gas commodities. With each announcement the Company has […]

Bulls Resurface on Nigerian Equities Market, Driven by Gains Across Sectors

July 26, 2018 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Bulls Thursday resurfaced on the Nigerian equities market, as the all-share index (ASI) rose 0.22 percent on gains across all sectors. InvestmentOne reports at the close of the trading session on the floor of the Nigerian Stock Exchange (NSE) that market breadth […]