Investors Bite

Intraday Update: Nigerian Stocks Down -0.21% on Sell-Offs in Banking, Oil & Gas Counters

July 12, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange all-share index (NSEASI) as at midday Thursday is down -0.21 percent; driven by selloffs in the Banking and Oil & Gas indices. InvestmentOne Update says  current market movers on the domestic bourse are Sovereign Insurance Plc and McNichols Consolidated Plc both […]

NSE Says Rule on Nominal Transfers Commences

July 12, 2018/NSE Please be advised that The Exchange has received the Securities and Exchange Commission’s approval to the Rule set out below.  Notice is hereby given that the following rule shall become effective on the date set forth below; Rule SEC Approval Date Effective Date Contact Persons   Rule […]

NB to issue N8bn commercial papers

July 12, 2018/BusinessDay By Olalekan Ipele & Michael Ani Nigerian Breweries Plc (NB), a subsidiary of Heineken N.V. Group, is set to launch a N8 billion Series 15 Commercial Paper (“CP’) with 91 days tenor, under its N100 billion CP programme inaugurated in 2015. The offer is set to open […]