Investors Bite

Nigerian Stocks Sustain Bullish Rally on Bellwether Counters

  June 7, 2018   By InvestAdvocate   Lagos (INVESTADVOCATE)-The Nigerian equities market on Thursday continued its bullish run this week for the fourth consecutive session, gaining 1.58 percent  and driven by bellwether counters.   Similarly, market breadth index was positive with 29 gainers compared to 19 stocks that declined, […]

Intraday Update: Nigerian Stocks Up +0.41% on Buy Interest

June 7, 2018   By InvestAdvocate   Lagos (INVESTADVOCATE)-Nigerian stocks as at midday on Thursday is up +0.41 percent on buy interest across sectors, according to InvestmentOne update.   As at the time of filing in this report, market movers are Japaul Oil & Maritime Services Plc  and sugar refiner, […]

Twitter Plans to Sell $1 Billion in Convertible Debt

The social-media company is joining a rush of tech firms taking advantage of soaring share prices to issue shares that convert to equity June 7, 2018/WSJ By Orla McCaffrey Twitter Inc. said Wednesday it plans to sell at least $1 billion in bonds that convert to equity, joining a rush […]