March 16, 2018/Cordros Update Update: PZ Cussons Plc (PZC), the parent company of PZ Nigeria Plc (PZN), stated in a trading update released yesterday, that it now expects its profit for the year ending May 2018 will fall short of expectations. Trading conditions in Nigeria and UK were unfavourable in […]
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Markets Turns Bearish as CBN Sells N443bn OMO bills
Culled—Proshare March 16, 2018/Zedcrest Capital ***Nigeria’s central bank aims for first rate meeting by April***- Emefiele KEY INDICATORS Inflation 14.33% Declined by 0.80% in February from 15.13% in January 2018 MPR 14.00% Left unchanged at 14.00% at the MPC meeting of November 2017 External Reserves $44.20billion Accreted 1.59% as at […]
Nigerian Equities Market Sustain Downtrends, as Benchmark Index Shed -1.53% on Sell-Offs
March 15, 2018/InvestmentOne Report The Nigerian equities market sustained its downtrends today as NSE-ASI shed 1.53%. Similarly, market breadth index ended negative with 15 stocks gaining against 39 stocks that declined. NPFMCRFBK (+9.78%) had the best performance while FIDELITYBK (-9.25%) topped the laggards chart. ZENITHBANK (-3.85%) was the most actively […]
