Investors Bite

Intraday Update: NSEASI Up +0.57% on Continuous Buy Interest Across Sectors

March 23, 2018/InvestmentOne Research ASI as at 12.00pm: +0.57%. Market movers: CADBURY (+9.81%), JAPAULOIL (+9.52%), FTNCOCOA (-8.33%), FIDSON (-4.95%). Sector Performances: Banking (+2.18%), Industrial (+0.92%), Consumer Goods (+0.11%), Oil & Gas (+0.04%). Market activity: In today’s early trade, While total volume declined by c. 23%, total value increased by c.5% […]

March 2018 FGN Bond Auction – Total Subscription Put At N142.81bn

Culled—-Proshare March 23, 2018/DMO  The Debt Management Offices wishes to inform the General Public that it has conducted the third in the series of FGN Bond Auctions for the year on March 21, 2018 to raise funds for the implementation of the 2018 Budget.  Bonds were offered in three tenors […]

Another Decent Outcome for the DMO

Culled—-Proshare March 23, 2018/FBNQuest Research    At this week’s monthly auction of FGN bonds, the DMO offered N80bn, attracted a total bid of N143bn and raised N64bn (US$210m) from sales. It has therefore raised N254bn in Q1, compared with N430bn in the same quarter period of last year.  The DMO achieved […]