Investors Bite

UBA Contactless Cards Hit Industry High of Three Million

………Over 10m Debit Card  Issued February 19, 2018/UBA Plc Pan-African financial institution, United Bank for Africa (UBA) Plc, has again demonstrated its superiority in the Nigerian e-Banking space with the  issuance of over three million Near Field Communication (NFC) technology enabled  contactless cards to its teeming customers. UBA has revolutionised […]

Afrinvest Stock Recommendation for the Week -190218

Culled—Proshare February 19, 2018/Afrinvest Market Last Week (Our Observation) • The bearish trend in the Nigerian equities market extended to the second week as the NSE All Share Index (ASI) declined 1.1% W-o-W to settle at 42,638.83 points while YTD return moderated to 11.5% • Performance across sectors was largely bearish as […]

Intraday Update: NSEASI Sheds -0.53% on Sell-Offs in Banking, Consumer Counters

  February 19, 2018/InvestmentOne Report ASI as at 12.00pm: -0.53%.  Market movers: PZ (-8.00%), LASACO (-6.06%), LIVESTOCK (+5.00%), JAIZBANK (+5.00%). Sector Performances: Banking (-0.25%), Consumer Goods (-1.22%), Industrial, Oil & Gas.  Market activity: In today’s early trade, total volume and total value declined by c. -60% and -35% respectively compared to […]