May 18, 2018/InvestmentOne Update ASI as at 12.00pm: 0.00%. Market movers: JAPAULOIL (-6.25%), NIGERINS (-4.55%), OANDO (+9.27%), SOVRENINS (+8.33%). Sector Performances: Industrial (+0.56%), Oil & Gas (-0.53%),Consumer Goods (-0.42%), Banking (-0.23%). Market activity: In today’s early trade, total volume and value increased by 96% and 71% respectively compared to this […]
Investors Bite
FG opens online portal for investors
May 18, 2018/Vanguard The Federal Government has launched an up-to-date online portal, `iGuide Nigeria’, containing necessary information and relevant data for willing investors. The Permanent Secretary of the Ministry, Mr Edet Akpan, represented the minister at the event. The Minister of Trade and Investment, Mr Okechukwu Enelamah, at the launch […]
Market Players Under-subscribe CBN OMO due to System Liquidity Strain
Culled—Proshare 17/5/2018/Zedcrest Capital *** Fitch Affirms Nigeria at ‘B+’; Outlook Negative*** Bonds The bond market traded on a mixed note, with yields compressing by c.2bps on average, due to some client flows on the shorter end of the curve, while the medium to long end remained slightly bearish, due to […]
