Investors Bite

Nigerian Equities Sustain Bullish Momentum, Gains 0.55% on Bellwether Counters

November 29, 2017/InvestmentOne Report The equities market sustained its bullish trend as the NSE-ASI gained +0.55% in today’s trading session.  FIDELITYBK (+9.94%) was the top gainer, while LIVESTOCK (-4.55%) had the worst performance.   Market breadth index closed positive as 32 stocks gained against 8 stocks that declined.   WAPIC […]

Ecobank Nigeria Appoints Chief Risk Officer

November 29, 2017/Ecobank Nigeria Ecobank Nigeria has announced the appointment of Mr. Adebiyi Olagbami as an Executive Director and the Chief Risk Officer of the Bank effective November 15, 2017.  Mr Olagbami has 25 years banking experience with over 21 years in Risk Management. In a statement, the Managing Director, […]

Intraday Update: NSEASI Heads North as Bullish Sentiments Continues in Banking, Consumer Goods Stocks

November 29, 2017/InvestmentOne Report ASI as at 12.00pm: +0.32%  Market movers: CUTIX (+9.71%), FIDELITYBK (+8.29%), NEM (-4.83%), LINKASSURE (-4.76%).  Sector Performances: Consumer Goods (+0.63%), Banking (+0.58%), Industrial (+0.02), Oil & Gas (-0.48%).  Market activity: Activity levels contracted compared to what it was this time yesterday, as investors have exchanged a total […]