Investors Bite

Zenith Bank Names Three New Directors

December 22, 2017/NSE The Board of Directors of Zenith Bank Plc. has approved the appointment of Dr. Temitope Fasoranti and Mr. Dennis Olisa as Executive Directors of the bank effective December 29, 2017. Both appointments are consistent with the bank’s tradition and succession strategy of grooming leaders from within and […]

Intraday Update: NSEASI Heads North, Driven by Bullish Sentiment in Consumer Goods Counters

Dealing Members Trading on the Floor of the Nigerian Stock Exchange (NSE) December 22, 2017/InvestmentOne Report ASI as at 12.00pm: 0.00%  Market movers: NEM (+4.90%), LINKASSURE (+4.55%), CILEASING (-4.38%), DIAMONDBNK (-1.33%).  Sector Performances: Consumer Goods (+0.25%), Banking (-0.42%), Industrial, Oil & Gas.  Market activity: In today’s early trade, total volume and […]

CBN Sells N355bn OMO bills to mop up Excess System Liquidity

Culled—Proshare 21/12/2017/@ZedcrestCapital  *** DMO lists $300m diaspora bonds, $3bn Eurobonds on NSE, FMDQ*** Bonds We witnessed further compression in bond yields today, with demand especially focused on the 5-, 10– and 20-yr maturities which declined by 4bps, 19bps and 11bps respectively. Slight demand was also witnessed on the 2036 bond […]