April 10, 2018/InvestmentOne Report Seplat announced on the 13th of March 2018 that it had successfully refinanced its existing US$300million revolving credit facility with a new four year Revolving Credit Facility (RCF) under the same terms carrying an initial interest of LIBOR plus 6% payable semi-annually. The company also issued […]
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Gains Resurface on Nigerian Bourse, as Index Inch Up +0.17% on Renewed Interest in Industrial Goods Stocks
April 10, 2018/Cordros Update Gains resurfaced on the bourse, albeit marginally, as the ASI inched higher by 0.17% to 40,499.04 points, owing to renewed interests in industrial goods stocks. Accordingly, the Month-to-Date loss dipped to 2.42%, while the Year-to-Date gain improved to 5.90%. The Industrial Goods (+2.08%) index turned positive […]
Nigerian Equities Market Halts Bearish Trend, Up +0.17% on Gains in Industrial, Consumer Goods Sectors
April 10, 2018/InvestmentOne Report The Nigerian equities market closed positive today as NSE-ASI gained 0.17%. However, market breadth index ended negative with 16 stocks gaining against 26 stocks that declined. JAPAULOIL (+8.16%) was the top gainer today while WEMABANK (-4.94%) had the worst performance. ZENITHBANK (+1.71%) was the most actively […]
