Investors Bite

Bulls Resurface on Nigerian Bourse, Drive by Buy Interest in Banking Consumer Goods Stocks

July 9, 2018 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Monday closed the first trading session of the week positive; as the benchmark index gained 0.06 percent to close at 37,647.93 points and driven by buy interest in Banking and Consumer Goods indices. InvestmentOne reports at the […]

Intraday Update: Nigerian Stocks Up +0.16% on Buy Interest

July 9, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian Stocks as at midday Monday the first trading session of the week is up +0.16 percent on buy interest across most sectors. InvestmentOne says that market movers as at the time of filing in this report are First Aluminum Plc and Champion Breweries […]

Funding Rates Rise Back to Double Digits as Banks fund for Retail FX

Culled—Proshare 6/7/2018/Zedcrest Capital *** Active Mobile Telephone Lines in Nigeria Hit 162m*** – NCC KEY INDICATORS Inflation 11.61% Declined by 0.87% in May from 12.48% in April 2018 MPR 14.00% Left unchanged at 14.00% at the MPC meeting 0n 4 April 2018 External Reserves $47.63billion Rose by 0.36% as at […]