Investors Bite

Flour Mills N39.9 Billion Rights Issue Closes February 21, 2018

February 5, 2018/Cordros Capital Flour Mills of Nigeria (FLOURMILL) Rights Issue, opened on 15 January, 2018, will close on Wednesday, 21 February 2018. The Rights Issue is being undertaken to enable FLOURMILL deleverage its balance sheet, support working capital needs, and position the company to exploit value-accretive opportunities.  Details of […]

FGN Savings Bonds Opens February 5 and February 9

Opportunity to Grow Your Wealth! February 5, 2018/Cowry Asset The Debt Management Office (DMO) is issuing its monthly FGN Savings Bonds between Monday, February 5 2018 and Friday, February 9 2018. The bonds being issued are: Bond Name                             […]

Intraday Update: NSEASI Dips -1.33% on Sell-Offs in Industrial, Oil and Gas Sectors

February 5, 2018/InvestmentOne Report ASI as at 12.00pm: -1.33%  Market movers: SKYEBANK (-5.59%), LASACO (-5.56%), AIICO (+10.00%), LINKASSURE (+8.82%). Sector Performances: Industrial (-2.15%), Oil & Gas (-0.64%), Banking (+0.15%), Consumer Goods (+0.06%).  Market activity: In today’s early trade, total volume and value declined by c. -19% and c.-26% respectively compared […]