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Nigerian Equities Sustains Bullish Trend, on Gains in Most Sectors

January 9, 2018/InvestmentOne Report The Nigeria equities market sustained its bullish trend today, gaining +1.29% in today’s trading session.  Also, market breadth index ended positive with 47 gainers against 7 decliners.  DANGFLOUR (+10.00%) topped the gainers’ chart while UAC-PROP (-4.72%) had the worst performance.  DIAMONDBNK (+6.57%) was the most actively […]

Intraday Update: NSEASI Again Heads North on Bullish Sentiment in Banking, Oil & Gas Counters

January 9, 2018/InvestmentOne Research ASI as at 12.00pm: +0.08%  Market movers: DANGFLOUR (+8.50%), HONYFLOUR (+5.30%), VITAFOAM (-6.15%), NESTLE (-4.99%).  Sector Performances: Banking (+0.37%), Oil & Gas (+0.89%), Consumer Goods (-0.48%), Industrial.  Market activity: In today’s early trade, total volume and value decline by -17% and -83% respectively compared to this […]

Union Bank Reports 120% Subscription in Rights Issue

January 9, 2018/UBN Union Bank of Nigeria Plc. (Union Bank), one of Nigeria’s long-standing and most respected financial institutions announced that the Bank successfully raised N49.7 billion through a Rights Issue which closed on October 30, 2017 with subscriptions recorded at 120%. The Central Bank of Nigeria (CBN) and Securities […]