Investors Bite

Intraday Update: Stocks Down -0.64%

January 19, 2018/InvestmentOne Report ASI as at 12.00pm: -0.64%  Market movers: MAYBAKER (-6.23%), STERLNBANK (-5.37%), SKYEBANK (+9.32%), UNITYBNK (+8.93%).  Sector Performances: Banking (-0.09%), Industrial (-0.12%), Consumer Goods (-0.43%), Oil & Gas (-0.07%).   Market activity: In today’s early trade, total volume and value declined by -49% and -67% respectively compared […]

Flour Mills Right Issue Offered at 9% Discount

January 19, 2018/ARM Details of Rights Issued Shares  – 1,476,142,418.00 Ordinary shares of 50 kobo each Rights Price – N27.00 per share Provisional Allotment – 9 new ordinary Share for every 16 ordinary Shares of 50 kobo each held as at the close of business on 8th of  December 2017 […]

Analysts Predict Bullish Future for Nigeria’s Real Estate Investment Trust Market

January 19, 2018/API Events The globally recognised real estate-focused West African Property Investment (WAPI) Summit (www.WAPIsummit.com) which recently took place between the 28th and 29th of November 2017 provided delegates with insight into a real estate sector that is set to rebound strongly in 2018. During the summit, two of […]