Investors Bite

Access Bank Names Adeolu Bajomo Executive Director, I.T and Operations

January 5, 2018/NSE Access Bank Plc. has announced the appointment of Mr. Adeolu Bajomo as Executive Director, Information Technology and Operations  His appointment which has received regulatory approval follows the resignation of Mrs. Ojinika Ofaghere.  Mr. Bajomo is a globally focused financial services industry executive with significant achievements cutting across […]

Intraday Update: NSE Benchmark Index up 1.05% on Bullish Sentiment Across All Sectors

January 5, 2018/InvestmentOne Research ASI as at 12.00pm: +1.05%  Market movers: UNITYBNK (+9.84%), STERLNBANK (+9.30%), UPL (-4.84%), DANGSUGAR (-0.46%).  Sector Performances: Banking (+2.43%), Consumer Goods (+0.54%), Industrial (+1.23%), Oil & Gas (+0.57%).  Market activity: In today’s early trade, while total volume decline by –35% total value increased by +63%  compared […]

T-bill PMA rates crash by 91bps with significant over subscription on the 364-day

Culled—Proshare 3/1/2018/@ZedcrestCapital *** CBN Manufacturing PMI records ninth consecutive M/M expansion in December 2017*** *** Brent crude hits $67.50 as oil price continues upward ascent*** Bonds The bond market traded on a bullish note with slight buys by market players across the curve. Average bond yields consequently declined by 16bps […]