March 22, 2018/NSE Introduction The Exchange is proposing to add the Rules for Price Stabilization of Securities to the Rulebook of The Exchange (”Rulebook”) (Issuers’ Rules). Summary of the Proposed Rules The stabilization of securities creates a regulatory framework for ’the buying of security for the limited purpose of [preventing […]
Investors Bite
Bond Yields Decline as Auction rates clear c.35bps lower on the 5- and 10-yr
Culled—Proshare March 21, 2018/Zedcrest Capital *** FG Targets 7% Economic Growth in 2-3 years*** – Adeosun Bonds The bond market traded on a slightly bullish note with some lifts especially on the short end of the curve, as market players cautiously tracked proceedings at the bond auction which witnessed slightly […]
ETI Reports N69.99 Billion Profit in 2017 End
By InvestAdvocate Lagos (INVESTADVOCATE)- Pan-African lender, Ecobank Transnational Incorporated (ETI) said on Wednesday its profit for the period ended December 31, 2017 rose 233.1 percent to N69.99 billion from a negative of N52.60 billion recorded a year earlier. Similarly, pretax profit increased 362.0 percent to N88.30 billion from a negative […]
