December 27, 2017/NSE Union Bank of Nigeria Plc. (Union Bank) has announced changes to the membership of its Board of Directors with the retirement of an Executive Director, Mr. Ibrahim Kwargana and the resignations of Non-Executive Directors, Engr. Mansur Ahmed, Chief Dr. (Mrs.) Onikepo Akande and Mrs. Arina McDonald in […]
Investors Bite
Intraday Update: NSEASI up 0.04% on Weak Investors Sentiment
December 27, 2017/InvestmentOne Research ASI as at 12.00pm: +0.04% Market movers: CADBURY (+9.56%), DANGSUGAR (+4.89%), DANGFLOUR (-8.41%), UCAP (-3.58%). Sector Performances: Consumer Goods (+0.23%), Banking (-0.05%), Industrial, Oil & Gas. Market activity: In today’s early trade, total volume and total value increased by c.+97% and c.+31% respectively, as investors have […]
Funding Rates remain Stable as system liquidity closes positive
Culled—Proshare 22/12/2017/Zedcrest Capital Bonds The bond market traded on a relatively quiet note in today’s session, as most traders began to wind up activities for the year. We however witnessed slight sell on the 2024s, 2034s and 2036s bonds, taking yields slightly higher by 1bp to 13.85%. We expect a […]
