November 22, 2017/NSE The ETF market capitalization grew by 0.91% in October to kick off Q4-2017, closing at N6.44 Billion (up from September levels at N6.38Billion). YTD Dashboard as at October 2017 No of ETFs 9 Market Capitalization (N’Mn) 6,444 Deals 345 Volume 59,913 Value (N’Mn) 449 Market […]
Investors Bite
FCMB Completes 88.2% Acquisition of Legacy Pension Managers Limited with Completion Board Meeting
Culled—Proshare November 22, 2017/FCMB FCMB Group Plc has successfully completed the acquisition of an additional 60 percent equity stake in Legacy Pension Managers Limited (Legacy). The acquisition, which increases the holding company’s interest in the company from 28.2 percent to 88.2 percent, was concluded at the Completion Board Meeting of Legacy on Tuesday, November 21, 2017 in Abuja. The completion of the transaction […]
Intraday Update” NSEASI Heads Southward, Driven by Sell-Offs in Consumer Goods Counter
November 22, 2017/InvestmentOne Research ASI as at 12.00pm: +0.02% Market movers: UNILEVER (+5.69%), CHAMPION (+4.63%), LIVESTOCK (-4.55%), CILEASING (-2.92%) Sector Performances: Banking (+0.48%), Consumer Goods (-0.46%), Insurance (+0.52%), Oil & Gas and Industrial. Market activity: Investors have exchanged c.139m units of shares worth N833m so far today, a moderation in […]
