February 21, 2018/InvestmentOne Report ASI as at 12.00pm: +0.05%. Market movers: JAPAULOIL (+5.71%), NASCON (+4.75%), FCMB (-4.98%), STERLNBANK (-4.97%). Sector Performances: Consumer Goods (+0.13%), Banking (-0.04%), Industrial, Oil & Gas. Market activity: In today’s early trade, total volume and total value declined by c. -50% and c. -48% respectively compared […]
Investors Bite
CBN: The Two Notions of Capital
Culled—Proshare February 21, 2018/Proshare Research Prelude Recently, the Central Bank of Nigeria published a circular introducing measures. That serves both as a perquisite and also dictates how residue owners of both deposit money banks (DMBs) and discount houses (DH) should be rewarded by the management. Such measures include: • No deposit […]
Bitcoin nearly doubles in value from year’s low hit in early February
20/2/2018/Reuters Gertrude Chavez-Dreyfuss Bitcoin hit a three-week high on Tuesday and has surged nearly 100 percent from its lowest level this year, as its recovery continued after South Korea’s financial regulator eased its stance on cryptocurrencies, weeks after it considered shutting down digital currency exchanges. Analysts cited South Korean news […]
