Investors Bite

Nigerian Stocks Open Week Bearish on Profit-Taking in Bellwether Counters

December 11, 2017/InvestmentOne Research The NSE-ASI closed the first trading session of the week negative, falling by -0.88%.  Similarly, market breadth index ended negative (-0.14x) as 28 stocks declined compared with 14 stocks that gained.  MOBIL (+9.47%) led the market’s performance against UBA (-5.00%), which was the worst performer.   […]

Market Operators Demand Single License from CBN, SEC

December 11, 2017/CAMCAN To facilitate a more robust and deeper financial market, operators in the Nigerian capital market have urged the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) to grant them single dealing lincense to access Discount Window. The operators are currently being regulated by […]

Nigerian Breweries Names Jordi Borrut Bel Managing Director, Appoints Omo-Lamai Human Resource Director

December 11, 2017/TPT International Nigerian Breweries Plc has announced the appointment of Mr. Jordi Borrut Bel as the Company’s Managing Director/CEO. The appointment takes effect on January 22, 2018. Mr. Borrut Bel will succeed Mr. Johan Doyer who has served as Managing Director/CEO on an interim basis since June 16, […]